11 Bankart Lane

    11, BANKART LANE, CHELMSFORD, CHELMSFORD, CM2 6TZ

    This terraced freehold property on Bankart Lane last sold in October 2003 for £132,000. Based on price growth in the CM2 district since then, its estimated current value is £299,946 — placing it in the 49th percentile nationally and the 24th percentile within CM2. The property covers 58 m² (624 sq ft), giving an estimated value of £5,171 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £132,000

    Oct 2003

    Estimated Valuation

    £299,946

    Est. £/sq ft

    £480/sq ft

    £5,171/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateOct 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Oct 2003

    £132,000

    27 Jul 2001

    £96,950

    26 May 2000

    £85,950

    9 Dec 1996

    £57,995

    Key Metrics

    Estimated valuation£299,946
    Value per sq ft / m²£480/sq ft (£5,171/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile24th percentile
    National percentile49th 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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