3 Binley Road

    3, BINLEY ROAD, CHELMSFORD, CM2 6XJ

    This terraced freehold property on Binley Road last sold in October 2019 for £198,000. Based on price growth in the CM2 district since then, its estimated current value is £242,831 — placing it in the 36th percentile nationally and the 17th percentile within CM2. The property covers 41 m² (441 sq ft), giving an estimated value of £5,923 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £198,000

    Oct 2019

    Estimated Valuation

    £242,831

    Est. £/sq ft

    £550/sq ft

    £5,923/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area441 sq ft (41 m²)
    EPC dateJul 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Oct 2019

    £198,000

    11 Jan 2013

    £132,000

    25 May 2007

    £135,000

    14 Feb 2003

    £104,000

    12 Nov 2001

    £78,000

    8 Jan 1999

    £49,500

    Key Metrics

    Estimated valuation£242,831
    Value per sq ft / m²£550/sq ft (£5,923/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile17th percentile
    National percentile36th 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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