40 Gerard Gardens

    40, GERARD GARDENS, CHELMSFORD, CM2 9GD

    This flat/maisonette leasehold property on Gerard Gardens last sold in January 2018 for £237,500. Based on price growth in the CM2 district since then, its estimated current value is £232,910 — placing it in the 33rd percentile nationally and the 16th percentile within CM2. The property covers 51 m² (549 sq ft), giving an estimated value of £4,567 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £237,500

    Jan 2018

    Estimated Valuation

    £232,910

    Est. £/sq ft

    £424/sq ft

    £4,567/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area549 sq ft (51 m²)
    EPC dateFeb 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Jan 2018

    £237,500

    22 Dec 2006

    New build

    £199,995

    Key Metrics

    Estimated valuation£232,910
    Value per sq ft / m²£424/sq ft (£4,567/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile16th percentile
    National percentile33rd 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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