27 Wallace Crescent

    27, WALLACE CRESCENT, CHELMSFORD, CM2 9QL

    This detached freehold property on Wallace Crescent last sold in October 2024 for £550,000. Based on price growth in the CM2 district since then, its estimated current value is £530,128 — placing it in the 81st percentile nationally and the 77th percentile within CM2. The property covers 99 m² (1,066 sq ft), giving an estimated value of £5,355 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £550,000

    Oct 2024

    Estimated Valuation

    £530,128

    Est. £/sq ft

    £497/sq ft

    £5,355/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,066 sq ft (99 m²)
    EPC dateJul 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Oct 2024

    £550,000

    9 Jul 2019

    £320,000

    Key Metrics

    Estimated valuation£530,128
    Value per sq ft / m²£497/sq ft (£5,355/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile77th percentile
    National percentile81st 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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