5 Palmers Croft

    5, PALMERS CROFT, CHELMSFORD, CM2 6SR

    This terraced freehold property on Palmers Croft last sold in January 2022 for £305,000. Based on price growth in the CM2 district since then, its estimated current value is £304,052 — placing it in the 50th percentile nationally and the 24th percentile within CM2. The property covers 58 m² (624 sq ft), giving an estimated value of £5,242 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £305,000

    Jan 2022

    Estimated Valuation

    £304,052

    Est. £/sq ft

    £487/sq ft

    £5,242/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateOct 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Jan 2022

    £305,000

    1 Jun 2017

    £280,000

    27 Jul 2004

    £159,950

    15 Dec 1999

    £76,500

    Key Metrics

    Estimated valuation£304,052
    Value per sq ft / m²£487/sq ft (£5,242/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile24th percentile
    National percentile50th 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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