23 Butts Way

    23, BUTTS WAY, CHELMSFORD, CM2 8TJ

    This detached freehold property on Butts Way last sold in February 2023 for £770,000. Based on price growth in the CM2 district since then, its estimated current value is £726,470 — placing it in the 91st percentile nationally and the 93rd percentile within CM2. The property covers 162 m² (1,744 sq ft), giving an estimated value of £4,484 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,744 sq ft

    162 m²

    Last Sale Price

    £770,000

    Feb 2023

    Estimated Valuation

    £726,470

    Est. £/sq ft

    £417/sq ft

    £4,484/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms7
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area1,744 sq ft (162 m²)
    EPC dateAug 2021
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    24 Feb 2023

    £770,000

    Key Metrics

    Estimated valuation£726,470
    Value per sq ft / m²£417/sq ft (£4,484/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile93rd percentile
    National percentile91st 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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