8 Gerard Gardens

    8, GERARD GARDENS, CHELMSFORD, CM2 9GD

    This flat/maisonette leasehold property on Gerard Gardens last sold in March 2016 for £185,000. Based on price growth in the CM2 district since then, its estimated current value is £191,199 — placing it in the 22nd percentile nationally and the 9th percentile within CM2. The property covers 51 m² (549 sq ft), giving an estimated value of £3,749 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £185,000

    Mar 2016

    Estimated Valuation

    £191,199

    Est. £/sq ft

    £348/sq ft

    £3,749/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateDec 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Mar 2016

    £185,000

    18 May 2006

    New build

    £189,995

    Key Metrics

    Estimated valuation£191,199
    Value per sq ft / m²£348/sq ft (£3,749/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile9th percentile
    National percentile22nd 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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