3 Lakin Close

    3, LAKIN CLOSE, CHELMSFORD, CM2 6RU

    This semi-detached freehold property on Lakin Close last sold in May 2018 for £355,000. Based on price growth in the CM2 district since then, its estimated current value is £421,457 — placing it in the 70th percentile nationally and the 56th percentile within CM2. The property covers 87 m² (936 sq ft), giving an estimated value of £4,844 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £355,000

    May 2018

    Estimated Valuation

    £421,457

    Est. £/sq ft

    £450/sq ft

    £4,844/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateMar 2018
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 May 2018

    £355,000

    11 Sept 2008

    £218,000

    23 Aug 1996

    £72,500

    Key Metrics

    Estimated valuation£421,457
    Value per sq ft / m²£450/sq ft (£4,844/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile56th percentile
    National percentile70th 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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