38 St Michaels Walk

    38, ST MICHAELS WALK, CHELMSFORD, CM2 8SG

    This flat/maisonette leasehold property on St Michaels Walk last sold in July 2018 for £175,000. Based on price growth in the CM2 district since then, its estimated current value is £171,618 — placing it in the 17th percentile nationally and the 6th percentile within CM2. The property covers 57 m² (614 sq ft), giving an estimated value of £3,011 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £175,000

    Jul 2018

    Estimated Valuation

    £171,618

    Est. £/sq ft

    £280/sq ft

    £3,011/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateMar 2018
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    6 Jul 2018

    £175,000

    8 Nov 2005

    £115,000

    19 Aug 2002

    £41,000

    Key Metrics

    Estimated valuation£171,618
    Value per sq ft / m²£280/sq ft (£3,011/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile6th percentile
    National percentile17th 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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