116 Chelmer Road

    116, CHELMER ROAD, CHELMSFORD, CM2 6AB

    This flat/maisonette leasehold property on Chelmer Road last sold in April 2022 for £245,000. Based on price growth in the CM2 district since then, its estimated current value is £207,793 — placing it in the 26th percentile nationally and the 12th percentile within CM2. The property covers 58 m² (624 sq ft), giving an estimated value of £3,583 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £245,000

    Apr 2022

    Estimated Valuation

    £207,793

    Est. £/sq ft

    £333/sq ft

    £3,583/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Apr 2022

    £245,000

    4 Aug 2017

    £240,000

    16 Mar 2015

    £182,500

    18 Sept 2006

    New build

    £165,000

    Key Metrics

    Estimated valuation£207,793
    Value per sq ft / m²£333/sq ft (£3,583/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile12th percentile
    National percentile26th percentile

    District Context — CM2

    CM2 covers Chelmsford and its surrounding villages in Essex, situated north-east of London. It is a well-established suburban and commuter area with a mix of family homes, modern developments, and countryside appeal.

    Average Property Price - CM2

    £402,507

    67

    National percentile

    Average Net Household Income - CM2

    £33,933

    25

    National percentile

    10-Year Annualised Price Growth - CM2

    3.2%

    35

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM2

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