1 Butts Way

    1, BUTTS WAY, CHELMSFORD, CHELMSFORD, CM2 8TJ

    This detached freehold property on Butts Way last sold in December 2002 for £235,500. Based on price growth in the CM2 district since then, its estimated current value is £599,581 — placing it in the 86th percentile nationally and the 84th percentile within CM2. The property covers 88 m² (947 sq ft), giving an estimated value of £6,813 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £235,500

    Dec 2002

    Estimated Valuation

    £599,581

    Est. £/sq ft

    £633/sq ft

    £6,813/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fueloil (not community)
    EPC currentE
    EPC potentialC
    Floor area947 sq ft (88 m²)
    EPC dateApr 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    13 Dec 2002

    £235,500

    3 Jul 1998

    £114,000

    Key Metrics

    Estimated valuation£599,581
    Value per sq ft / m²£633/sq ft (£6,813/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile84th percentile
    National percentile86th 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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