Meiders Butts Way

    MEIDERS, BUTTS WAY, CHELMSFORD, CM2 8TJ

    This detached freehold property on Butts Way last sold in March 2023 for £460,000. Based on price growth in the CM2 district since then, its estimated current value is £433,995 — placing it in the 72nd percentile nationally and the 59th percentile within CM2. The property covers 85 m² (915 sq ft), giving an estimated value of £5,106 per m². The EPC rating is F, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £460,000

    Mar 2023

    Estimated Valuation

    £433,995

    Est. £/sq ft

    £474/sq ft

    £5,106/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fueloil (not community)
    EPC currentF
    EPC potentialC
    Floor area915 sq ft (85 m²)
    EPC dateJan 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    10 Mar 2023

    £460,000

    Key Metrics

    Estimated valuation£433,995
    Value per sq ft / m²£474/sq ft (£5,106/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile59th percentile
    National percentile72nd 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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