501 Meadgate Avenue

    501, MEADGATE AVENUE, CHELMSFORD, CM2 7NW

    This terraced freehold property on Meadgate Avenue last sold in March 2018 for £289,995. Based on price growth in the CM2 district since then, its estimated current value is £343,423 — placing it in the 58th percentile nationally and the 34th percentile within CM2. The property covers 68 m² (732 sq ft), giving an estimated value of £5,050 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £289,995

    Mar 2018

    Estimated Valuation

    £343,423

    Est. £/sq ft

    £469/sq ft

    £5,050/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateOct 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Mar 2018

    £289,995

    10 Sept 2015

    £325,000

    Key Metrics

    Estimated valuation£343,423
    Value per sq ft / m²£469/sq ft (£5,050/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile34th percentile
    National percentile58th 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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