243 Springfield Road

    243, SPRINGFIELD ROAD, CHELMSFORD, CM2 6JT

    This terraced freehold property on Springfield Road last sold in January 2016 for £255,000. Based on price growth in the CM2 district since then, its estimated current value is £315,893 — placing it in the 53rd percentile nationally and the 27th percentile within CM2. The property covers 41 m² (441 sq ft), giving an estimated value of £7,705 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £255,000

    Jan 2016

    Estimated Valuation

    £315,893

    Est. £/sq ft

    £716/sq ft

    £7,705/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area441 sq ft (41 m²)
    EPC dateJan 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    29 Jan 2016

    £255,000

    6 Aug 1999

    £81,000

    Key Metrics

    Estimated valuation£315,893
    Value per sq ft / m²£716/sq ft (£7,705/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile27th percentile
    National percentile53rd 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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