2 Millson Bank

    2, MILLSON BANK, CHELMSFORD, CM2 6QD

    This detached freehold property on Millson Bank last sold in September 2022 for £535,000. Based on price growth in the CM2 district since then, its estimated current value is £478,279 — placing it in the 77th percentile nationally and the 69th percentile within CM2. The property covers 105 m² (1,130 sq ft), giving an estimated value of £4,555 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,130 sq ft

    105 m²

    Last Sale Price

    £535,000

    Sept 2022

    Estimated Valuation

    £478,279

    Est. £/sq ft

    £423/sq ft

    £4,555/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,130 sq ft (105 m²)
    EPC dateFeb 2025
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Sept 2022

    £535,000

    11 Jun 2021

    £480,000

    15 Feb 2002

    £208,000

    9 Mar 1998

    £138,000

    Key Metrics

    Estimated valuation£478,279
    Value per sq ft / m²£423/sq ft (£4,555/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile69th percentile
    National percentile77th 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

    More properties in CM2

    Streets in CM2

    Explore nearby