48 Burghley Way

    48, BURGHLEY WAY, CHELMSFORD, CM2 9LQ

    This flat/maisonette leasehold property on Burghley Way last sold in February 2017 for £220,000. Based on price growth in the CM2 district since then, its estimated current value is £214,196 — placing it in the 28th percentile nationally and the 13th percentile within CM2. The property covers 56 m² (603 sq ft), giving an estimated value of £3,825 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £220,000

    Feb 2017

    Estimated Valuation

    £214,196

    Est. £/sq ft

    £355/sq ft

    £3,825/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateJun 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    17 Feb 2017

    £220,000

    24 Nov 2014

    £195,500

    29 Jun 2007

    New build

    £189,995

    Key Metrics

    Estimated valuation£214,196
    Value per sq ft / m²£355/sq ft (£3,825/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile13th percentile
    National percentile28th 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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