224 Meadgate Avenue

    224, MEADGATE AVENUE, CHELMSFORD, CM2 7LL

    This flat/maisonette leasehold property on Meadgate Avenue last sold in December 2016 for £180,000. Based on price growth in the CM2 district since then, its estimated current value is £186,031 — placing it in the 21st percentile nationally and the 8th percentile within CM2. The property covers 67 m² (721 sq ft), giving an estimated value of £2,777 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £180,000

    Dec 2016

    Estimated Valuation

    £186,031

    Est. £/sq ft

    £258/sq ft

    £2,777/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area721 sq ft (67 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Dec 2016

    £180,000

    7 Aug 2015

    £156,000

    16 Jul 2007

    £138,000

    28 Nov 2003

    £112,500

    3 Mar 1998

    £44,500

    Key Metrics

    Estimated valuation£186,031
    Value per sq ft / m²£258/sq ft (£2,777/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile8th percentile
    National percentile21st 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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