8 Binley Road

    8, BINLEY ROAD, CHELMSFORD, CHELMSFORD, CM2 6XJ

    This terraced freehold property on Binley Road last sold in August 2004 for £120,000. Based on price growth in the CM2 district since then, its estimated current value is £257,523 — placing it in the 39th percentile nationally and the 19th percentile within CM2. The property covers 40 m² (431 sq ft), giving an estimated value of £6,438 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £120,000

    Aug 2004

    Estimated Valuation

    £257,523

    Est. £/sq ft

    £598/sq ft

    £6,438/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area431 sq ft (40 m²)
    EPC dateFeb 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Aug 2004

    £120,000

    27 Mar 1997

    £38,500

    Key Metrics

    Estimated valuation£257,523
    Value per sq ft / m²£598/sq ft (£6,438/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile19th percentile
    National percentile39th 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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