2 Markland Close

    2, MARKLAND CLOSE, CHELMSFORD, CM2 8RZ

    This terraced freehold property on Markland Close last sold in August 2011 for £175,000. Based on price growth in the CM2 district since then, its estimated current value is £326,054 — placing it in the 55th percentile nationally and the 29th percentile within CM2. The property covers 83 m² (893 sq ft), giving an estimated value of £3,928 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £175,000

    Aug 2011

    Estimated Valuation

    £326,054

    Est. £/sq ft

    £365/sq ft

    £3,928/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area893 sq ft (83 m²)
    EPC dateMay 2026
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 2011

    £175,000

    Key Metrics

    Estimated valuation£326,054
    Value per sq ft / m²£365/sq ft (£3,928/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile29th percentile
    National percentile55th 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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