16 Palmers Croft

    16, PALMERS CROFT, CHELMSFORD, CM2 6SR

    This semi-detached freehold property on Palmers Croft last sold in May 2022 for £530,000. Based on price growth in the CM2 district since then, its estimated current value is £519,408 — placing it in the 80th percentile nationally and the 75th percentile within CM2. The property covers 98 m² (1,055 sq ft), giving an estimated value of £5,300 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £530,000

    May 2022

    Estimated Valuation

    £519,408

    Est. £/sq ft

    £492/sq ft

    £5,300/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,055 sq ft (98 m²)
    EPC dateJun 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 May 2022

    £530,000

    14 Jul 2004

    £267,500

    Key Metrics

    Estimated valuation£519,408
    Value per sq ft / m²£492/sq ft (£5,300/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile75th percentile
    National percentile80th 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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