1 Lilac Close

    1, LILAC CLOSE, CHELMSFORD, CM2 9NY

    This terraced freehold property on Lilac Close last sold in January 2016 for £230,000. Based on price growth in the CM2 district since then, its estimated current value is £284,923 — placing it in the 46th percentile nationally and the 22nd percentile within CM2. The property covers 58 m² (624 sq ft), giving an estimated value of £4,912 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £230,000

    Jan 2016

    Estimated Valuation

    £284,923

    Est. £/sq ft

    £456/sq ft

    £4,912/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateJun 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Jan 2016

    £230,000

    Key Metrics

    Estimated valuation£284,923
    Value per sq ft / m²£456/sq ft (£4,912/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile22nd percentile
    National percentile46th 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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