499 Meadgate Avenue

    499, MEADGATE AVENUE, CHELMSFORD, CM2 7NW

    This terraced freehold property on Meadgate Avenue last sold in November 2023 for £282,500. Based on price growth in the CM2 district since then, its estimated current value is £291,092 — placing it in the 47th percentile nationally and the 23rd percentile within CM2. The property covers 76 m² (818 sq ft), giving an estimated value of £3,830 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £282,500

    Nov 2023

    Estimated Valuation

    £291,092

    Est. £/sq ft

    £356/sq ft

    £3,830/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateOct 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2023

    £282,500

    Key Metrics

    Estimated valuation£291,092
    Value per sq ft / m²£356/sq ft (£3,830/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile23rd percentile
    National percentile47th 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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