4 Bankart Lane

    4, BANKART LANE, CHELMSFORD, CM2 6TZ

    This terraced freehold property on Bankart Lane last sold in August 2016 for £270,000. Based on price growth in the CM2 district since then, its estimated current value is £334,475 — placing it in the 56th percentile nationally and the 31st percentile within CM2. The property covers 56 m² (603 sq ft), giving an estimated value of £5,973 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £270,000

    Aug 2016

    Estimated Valuation

    £334,475

    Est. £/sq ft

    £555/sq ft

    £5,973/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Aug 2016

    £270,000

    9 Jan 2002

    £117,000

    Key Metrics

    Estimated valuation£334,475
    Value per sq ft / m²£555/sq ft (£5,973/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile31st percentile
    National percentile56th 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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