55 Wood Street

    55, WOOD STREET, CHELMSFORD, CHELMSFORD, CM2 9BQ

    This flat/maisonette leasehold property on Wood Street last sold in February 2002 for £124,950. Based on price growth in the CM2 district since then, its estimated current value is £244,882 — placing it in the 36th percentile nationally and the 18th percentile within CM2. The property covers 54 m² (581 sq ft), giving an estimated value of £4,535 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £124,950

    Feb 2002

    Estimated Valuation

    £244,882

    Est. £/sq ft

    £421/sq ft

    £4,535/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateJun 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Feb 2002

    New build

    £124,950

    Key Metrics

    Estimated valuation£244,882
    Value per sq ft / m²£421/sq ft (£4,535/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile18th percentile
    National percentile36th 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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