55 Colyers Reach

    55, COLYERS REACH, CHELMSFORD, CM2 6RW

    This terraced leasehold property on Colyers Reach last sold in August 2021 for £177,000. Based on price growth in the CM2 district since then, its estimated current value is £196,104 — placing it in the 23rd percentile nationally and the 10th percentile within CM2. The property covers 93 m² (1,001 sq ft), giving an estimated value of £2,109 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £177,000

    Aug 2021

    Estimated Valuation

    £196,104

    Est. £/sq ft

    £196/sq ft

    £2,109/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,001 sq ft (93 m²)
    EPC dateJan 2020
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Aug 2021

    £177,000

    24 Oct 2007

    £139,000

    23 Jun 2000

    £58,000

    26 Mar 1999

    £48,000

    Key Metrics

    Estimated valuation£196,104
    Value per sq ft / m²£196/sq ft (£2,109/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile10th percentile
    National percentile23rd 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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