124 Wood Street

    124, WOOD STREET, CHELMSFORD, CM2 8BL

    This flat/maisonette leasehold property on Wood Street last sold in August 2021 for £220,000. Based on price growth in the CM2 district since then, its estimated current value is £215,255 — placing it in the 28th percentile nationally and the 13th percentile within CM2. The property covers 51 m² (549 sq ft), giving an estimated value of £4,221 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £220,000

    Aug 2021

    Estimated Valuation

    £215,255

    Est. £/sq ft

    £392/sq ft

    £4,221/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area549 sq ft (51 m²)
    EPC dateMar 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Aug 2021

    £220,000

    Key Metrics

    Estimated valuation£215,255
    Value per sq ft / m²£392/sq ft (£4,221/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile13th percentile
    National percentile28th 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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