2 Binley Road

    2, BINLEY ROAD, CHELMSFORD, CM2 6XJ

    This terraced freehold property on Binley Road last sold in September 2021 for £215,000. Based on price growth in the CM2 district since then, its estimated current value is £238,205 — placing it in the 34th percentile nationally and the 17th percentile within CM2. The property covers 41 m² (441 sq ft), giving an estimated value of £5,810 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £215,000

    Sept 2021

    Estimated Valuation

    £238,205

    Est. £/sq ft

    £540/sq ft

    £5,810/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area441 sq ft (41 m²)
    EPC dateFeb 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Sept 2021

    £215,000

    7 Sept 2012

    £125,000

    5 May 2006

    £137,000

    24 Sept 2004

    £125,000

    6 Oct 2000

    £64,995

    30 Oct 1998

    £50,000

    Key Metrics

    Estimated valuation£238,205
    Value per sq ft / m²£540/sq ft (£5,810/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile17th percentile
    National percentile34th 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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