12 Petrel Way

    12, PETREL WAY, CHELMSFORD, CM2 8XH

    This terraced freehold property on Petrel Way last sold in January 2024 for £435,000. Based on price growth in the CM2 district since then, its estimated current value is £449,130 — placing it in the 74th percentile nationally and the 63rd percentile within CM2. The property covers 105 m² (1,130 sq ft), giving an estimated value of £4,277 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,130 sq ft

    105 m²

    Last Sale Price

    £435,000

    Jan 2024

    Estimated Valuation

    £449,130

    Est. £/sq ft

    £397/sq ft

    £4,277/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageE
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,130 sq ft (105 m²)
    EPC dateFeb 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Jan 2024

    £435,000

    Key Metrics

    Estimated valuation£449,130
    Value per sq ft / m²£397/sq ft (£4,277/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile63rd percentile
    National percentile74th 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

    More properties in CM2

    Streets in CM2

    Explore nearby