8 Meadgate Terrace

    8, MEADGATE TERRACE, CHELMSFORD, CHELMSFORD, CM2 7NB

    This flat/maisonette leasehold property on Meadgate Terrace last sold in May 2005 for £95,000. Based on price growth in the CM2 district since then, its estimated current value is £140,307 — placing it in the 10th percentile nationally and the 3rd percentile within CM2. The property covers 37 m² (398 sq ft), giving an estimated value of £3,792 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    398 sq ft

    37 m²

    Last Sale Price

    £95,000

    May 2005

    Estimated Valuation

    £140,307

    Est. £/sq ft

    £352/sq ft

    £3,792/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area398 sq ft (37 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    31 May 2005

    £95,000

    31 Oct 2002

    £92,000

    Key Metrics

    Estimated valuation£140,307
    Value per sq ft / m²£352/sq ft (£3,792/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile3rd percentile
    National percentile10th 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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