7 Binley Road

    7, BINLEY ROAD, CHELMSFORD, CM2 6XJ

    This terraced freehold property on Binley Road last sold in February 2017 for £184,000. Based on price growth in the CM2 district since then, its estimated current value is £218,749 — placing it in the 29th percentile nationally and the 14th percentile within CM2. The property covers 41 m² (441 sq ft), giving an estimated value of £5,335 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £184,000

    Feb 2017

    Estimated Valuation

    £218,749

    Est. £/sq ft

    £496/sq ft

    £5,335/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area441 sq ft (41 m²)
    EPC dateFeb 2015
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Feb 2017

    £184,000

    30 Jan 2006

    £115,000

    19 Mar 1999

    £49,995

    Key Metrics

    Estimated valuation£218,749
    Value per sq ft / m²£496/sq ft (£5,335/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile14th percentile
    National percentile29th 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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