28 Spalding Way

    28, SPALDING WAY, CHELMSFORD, CM2 7NZ

    This detached freehold property on Spalding Way last sold in April 2016 for £575,000. Based on price growth in the CM2 district since then, its estimated current value is £683,976 — placing it in the 90th percentile nationally and the 90th percentile within CM2. The property covers 114 m² (1,227 sq ft), giving an estimated value of £6,000 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,227 sq ft

    114 m²

    Last Sale Price

    £575,000

    Apr 2016

    Estimated Valuation

    £683,976

    Est. £/sq ft

    £557/sq ft

    £6,000/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,227 sq ft (114 m²)
    EPC dateSept 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Apr 2016

    £575,000

    11 Dec 2014

    £425,000

    17 Dec 2001

    £215,000

    Key Metrics

    Estimated valuation£683,976
    Value per sq ft / m²£557/sq ft (£6,000/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile90th percentile
    National percentile90th 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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