54 Miami House Princes Road

    54 MIAMI HOUSE, PRINCES ROAD, CHELMSFORD, CM2 9GE

    This flat/maisonette leasehold property on Princes Road last sold in June 2019 for £485,000. Based on price growth in the CM2 district since then, its estimated current value is £452,168 — placing it in the 74th percentile nationally and the 63rd percentile within CM2. The property covers 78 m² (840 sq ft), giving an estimated value of £5,797 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £485,000

    Jun 2019

    Estimated Valuation

    £452,168

    Est. £/sq ft

    £539/sq ft

    £5,797/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2019
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateMay 2019
    WallsAverage thermal transmittance 0.17 W/m
    HeatingRoom heaters, electric

    Transaction History

    28 Jun 2019

    £485,000

    Key Metrics

    Estimated valuation£452,168
    Value per sq ft / m²£539/sq ft (£5,797/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

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