2 Searle Close

    2, SEARLE CLOSE, CHELMSFORD, CM2 9GB

    This flat/maisonette leasehold property on Searle Close last sold in May 2011 for £79,500. Based on price growth in the CM2 district since then, its estimated current value is £122,023 — placing it in the 7th percentile nationally and the 2nd percentile within CM2. The property covers 65 m² (700 sq ft), giving an estimated value of £1,877 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £79,500

    May 2011

    Estimated Valuation

    £122,023

    Est. £/sq ft

    £174/sq ft

    £1,877/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateJan 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    23 May 2011

    £79,500

    24 Nov 2005

    £170,000

    Key Metrics

    Estimated valuation£122,023
    Value per sq ft / m²£174/sq ft (£1,877/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile2nd percentile
    National percentile7th 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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