12 Magnolia Close

    12, MAGNOLIA CLOSE, CHELMSFORD, CM2 9HU

    This terraced freehold property on Magnolia Close last sold in March 2023 for £398,000. Based on price growth in the CM2 district since then, its estimated current value is £410,105 — placing it in the 69th percentile nationally and the 53rd percentile within CM2. The property covers 83 m² (893 sq ft), giving an estimated value of £4,941 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £398,000

    Mar 2023

    Estimated Valuation

    £410,105

    Est. £/sq ft

    £459/sq ft

    £4,941/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateDec 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Mar 2023

    £398,000

    Key Metrics

    Estimated valuation£410,105
    Value per sq ft / m²£459/sq ft (£4,941/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile53rd percentile
    National percentile69th 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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