5 Palm Close

    5, PALM CLOSE, CHELMSFORD, CM2 9NL

    This terraced freehold property on Palm Close last sold in November 2021 for £375,000. Based on price growth in the CM2 district since then, its estimated current value is £415,474 — placing it in the 69th percentile nationally and the 54th percentile within CM2. The property covers 86 m² (926 sq ft), giving an estimated value of £4,831 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £375,000

    Nov 2021

    Estimated Valuation

    £415,474

    Est. £/sq ft

    £449/sq ft

    £4,831/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateMay 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Nov 2021

    £375,000

    19 Mar 2019

    £335,000

    25 Sept 1998

    £69,000

    31 Jul 1995

    £47,000

    Key Metrics

    Estimated valuation£415,474
    Value per sq ft / m²£449/sq ft (£4,831/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile54th 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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