2 Mearns Place

    2, MEARNS PLACE, CHELMSFORD, CM2 6TT

    This semi-detached freehold property on Mearns Place last sold in October 2023 for £368,000. Based on price growth in the CM2 district since then, its estimated current value is £374,109 — placing it in the 63rd percentile nationally and the 43rd percentile within CM2. The property covers 57 m² (614 sq ft), giving an estimated value of £6,563 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £368,000

    Oct 2023

    Estimated Valuation

    £374,109

    Est. £/sq ft

    £610/sq ft

    £6,563/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateJul 2023
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Oct 2023

    £368,000

    20 Dec 2017

    £300,000

    15 Aug 2014

    £244,000

    26 Nov 2012

    £199,995

    11 Oct 2006

    £174,900

    Key Metrics

    Estimated valuation£374,109
    Value per sq ft / m²£610/sq ft (£6,563/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile43rd percentile
    National percentile63rd 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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