16 Magnolia Close

    16, MAGNOLIA CLOSE, CHELMSFORD, CM2 9HU

    This semi-detached freehold property on Magnolia Close last sold in August 2021 for £240,000. Based on price growth in the CM2 district since then, its estimated current value is £254,398 — placing it in the 38th percentile nationally and the 19th percentile within CM2. The property covers 68 m² (732 sq ft), giving an estimated value of £3,741 per m². The EPC rating is G, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £240,000

    Aug 2021

    Estimated Valuation

    £254,398

    Est. £/sq ft

    £348/sq ft

    £3,741/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentG
    EPC potentialC
    Floor area732 sq ft (68 m²)
    EPC dateSept 2025
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    6 Aug 2021

    £240,000

    Key Metrics

    Estimated valuation£254,398
    Value per sq ft / m²£348/sq ft (£3,741/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile19th percentile
    National percentile38th 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

    More properties in CM2

    Streets in CM2

    Explore nearby