9 Magnolia Close

    9, MAGNOLIA CLOSE, CHELMSFORD, CM2 9HU

    This terraced freehold property on Magnolia Close last sold in June 2024 for £385,000. Based on price growth in the CM2 district since then, its estimated current value is £397,506 — placing it in the 67th percentile nationally and the 49th percentile within CM2. The property covers 78 m² (840 sq ft), giving an estimated value of £5,096 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £385,000

    Jun 2024

    Estimated Valuation

    £397,506

    Est. £/sq ft

    £473/sq ft

    £5,096/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateJan 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jun 2024

    £385,000

    7 Jun 2012

    £188,000

    Key Metrics

    Estimated valuation£397,506
    Value per sq ft / m²£473/sq ft (£5,096/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile49th percentile
    National percentile67th 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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