16 Mearns Place

    16, MEARNS PLACE, CHELMSFORD, CHELMSFORD, CM2 6TT

    This flat/maisonette leasehold property on Mearns Place last sold in September 2001 for £56,750. Based on price growth in the CM2 district since then, its estimated current value is £148,240 — placing it in the 12th percentile nationally and the 3rd percentile within CM2. The property covers 26 m² (280 sq ft), giving an estimated value of £5,702 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    280 sq ft

    26 m²

    Last Sale Price

    £56,750

    Sept 2001

    Estimated Valuation

    £148,240

    Est. £/sq ft

    £530/sq ft

    £5,702/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area280 sq ft (26 m²)
    EPC dateMar 2020
    WallsTimber frame, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    26 Sept 2001

    £56,750

    30 Jul 1999

    £32,000

    23 Jan 1998

    £28,750

    Key Metrics

    Estimated valuation£148,240
    Value per sq ft / m²£530/sq ft (£5,702/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile3rd percentile
    National percentile12th 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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