505 Meadgate Avenue

    505, MEADGATE AVENUE, CHELMSFORD, CHELMSFORD, CM2 7NP

    This terraced freehold property on Meadgate Avenue last sold in November 2005 for £158,000. Based on price growth in the CM2 district since then, its estimated current value is £315,403 — placing it in the 52nd percentile nationally and the 26th percentile within CM2. The property covers 85 m² (915 sq ft), giving an estimated value of £3,711 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £158,000

    Nov 2005

    Estimated Valuation

    £315,403

    Est. £/sq ft

    £345/sq ft

    £3,711/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area915 sq ft (85 m²)
    EPC dateAug 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Nov 2005

    £158,000

    4 Jul 2000

    £85,000

    20 Feb 1997

    £58,000

    Key Metrics

    Estimated valuation£315,403
    Value per sq ft / m²£345/sq ft (£3,711/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile26th percentile
    National percentile52nd 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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