3 Fairfax Mead

    3, FAIRFAX MEAD, CHELMSFORD, CHELMSFORD, CM2 6UG

    This detached freehold property on Fairfax Mead last sold in September 1998 for £120,000. Based on price growth in the CM2 district since then, its estimated current value is £504,297 — placing it in the 79th percentile nationally and the 73rd percentile within CM2. The property covers 129 m² (1,389 sq ft), giving an estimated value of £3,909 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £120,000

    Sept 1998

    Estimated Valuation

    £504,297

    Est. £/sq ft

    £363/sq ft

    £3,909/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,389 sq ft (129 m²)
    EPC dateOct 2016
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Sept 1998

    £120,000

    Key Metrics

    Estimated valuation£504,297
    Value per sq ft / m²£363/sq ft (£3,909/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile73rd percentile
    National percentile79th 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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