7 The Ridings

    7, THE RIDINGS, CHELMSFORD, CM2 9RR

    This terraced freehold property on The Ridings last sold in December 2017 for £324,000. Based on price growth in the CM2 district since then, its estimated current value is £385,188 — placing it in the 65th percentile nationally and the 46th percentile within CM2. The property covers 97 m² (1,044 sq ft), giving an estimated value of £3,971 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £324,000

    Dec 2017

    Estimated Valuation

    £385,188

    Est. £/sq ft

    £369/sq ft

    £3,971/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateAug 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2017

    £324,000

    6 Jul 1999

    £84,500

    Key Metrics

    Estimated valuation£385,188
    Value per sq ft / m²£369/sq ft (£3,971/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile46th percentile
    National percentile65th 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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