23 Spring Rise

    23, SPRING RISE, CHELMSFORD, CM2 8SH

    This terraced freehold property on Spring Rise last sold in November 2022 for £308,000. Based on price growth in the CM2 district since then, its estimated current value is £307,042 — placing it in the 51st percentile nationally and the 25th percentile within CM2. The property covers 93 m² (1,001 sq ft), giving an estimated value of £3,302 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £308,000

    Nov 2022

    Estimated Valuation

    £307,042

    Est. £/sq ft

    £307/sq ft

    £3,302/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,001 sq ft (93 m²)
    EPC dateMar 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2022

    £308,000

    26 Oct 1999

    £69,000

    Key Metrics

    Estimated valuation£307,042
    Value per sq ft / m²£307/sq ft (£3,302/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile25th percentile
    National percentile51st 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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