38 Nursery Road

    38, NURSERY ROAD, CHELMSFORD, CM2 9PL

    This terraced freehold property on Nursery Road last sold in October 2022 for £445,000. Based on price growth in the CM2 district since then, its estimated current value is £443,617 — placing it in the 73rd percentile nationally and the 61st percentile within CM2. The property covers 79 m² (850 sq ft), giving an estimated value of £5,615 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £445,000

    Oct 2022

    Estimated Valuation

    £443,617

    Est. £/sq ft

    £522/sq ft

    £5,615/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area850 sq ft (79 m²)
    EPC dateOct 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Oct 2022

    £445,000

    19 Dec 2018

    £385,000

    7 Dec 2012

    £249,995

    1 Sept 2005

    £212,000

    19 Apr 2004

    £187,000

    Key Metrics

    Estimated valuation£443,617
    Value per sq ft / m²£522/sq ft (£5,615/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile61st percentile
    National percentile73rd 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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