1 Mearns Place

    1, MEARNS PLACE, CHELMSFORD, CM2 6TT

    This terraced freehold property on Mearns Place last sold in February 2021 for £340,000. Based on price growth in the CM2 district since then, its estimated current value is £376,697 — placing it in the 64th percentile nationally and the 44th percentile within CM2. The property covers 61 m² (657 sq ft), giving an estimated value of £6,175 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £340,000

    Feb 2021

    Estimated Valuation

    £376,697

    Est. £/sq ft

    £574/sq ft

    £6,175/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateJul 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Feb 2021

    £340,000

    18 Oct 2013

    £225,000

    16 Jun 2006

    £184,000

    30 Mar 1999

    £76,950

    Key Metrics

    Estimated valuation£376,697
    Value per sq ft / m²£574/sq ft (£6,175/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile44th percentile
    National percentile64th 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