24 Meadgate Avenue

    24, MEADGATE AVENUE, CHELMSFORD, CM2 7LG

    This terraced freehold property on Meadgate Avenue last sold in July 2018 for £300,000. Based on price growth in the CM2 district since then, its estimated current value is £355,272 — placing it in the 60th percentile nationally and the 38th percentile within CM2. The property covers 92 m² (990 sq ft), giving an estimated value of £3,862 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

    £300,000

    Jul 2018

    Estimated Valuation

    £355,272

    Est. £/sq ft

    £359/sq ft

    £3,862/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageD
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateSept 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Jul 2018

    £300,000

    4 Jun 2015

    £242,500

    Key Metrics

    Estimated valuation£355,272
    Value per sq ft / m²£359/sq ft (£3,862/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile38th percentile
    National percentile60th 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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