2 Bankart Lane

    2, BANKART LANE, CHELMSFORD, CM2 6TZ

    This terraced freehold property on Bankart Lane last sold in July 1999 for £76,500. Based on price growth in the CM2 district since then, its estimated current value is £381,418 — placing it in the 64th percentile nationally and the 45th percentile within CM2. The property covers 92 m² (990 sq ft), giving an estimated value of £4,146 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £76,500

    Jul 1999

    Estimated Valuation

    £381,418

    Est. £/sq ft

    £385/sq ft

    £4,146/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateOct 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jul 1999

    £76,500

    30 Sept 1996

    £56,000

    Key Metrics

    Estimated valuation£381,418
    Value per sq ft / m²£385/sq ft (£4,146/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile45th 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

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