12 Bankart Lane

    12, BANKART LANE, CHELMSFORD, CM2 6TZ

    This terraced freehold property on Bankart Lane last sold in November 2014 for £233,000. Based on price growth in the CM2 district since then, its estimated current value is £346,408 — placing it in the 58th percentile nationally and the 35th percentile within CM2. The property covers 57 m² (614 sq ft), giving an estimated value of £6,077 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £233,000

    Nov 2014

    Estimated Valuation

    £346,408

    Est. £/sq ft

    £565/sq ft

    £6,077/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Nov 2014

    £233,000

    18 Nov 2010

    £200,000

    29 May 2007

    £197,500

    30 Jun 2000

    £80,000

    26 May 1995

    £57,000

    Key Metrics

    Estimated valuation£346,408
    Value per sq ft / m²£565/sq ft (£6,077/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile35th percentile
    National percentile58th 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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