3 Lilac Close

    3, LILAC CLOSE, CHELMSFORD, CM2 9NY

    This terraced freehold property on Lilac Close last sold in October 2014 for £215,000. Based on price growth in the CM2 district since then, its estimated current value is £319,647 — placing it in the 53rd percentile nationally and the 27th percentile within CM2. The property covers 54 m² (581 sq ft), giving an estimated value of £5,919 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £215,000

    Oct 2014

    Estimated Valuation

    £319,647

    Est. £/sq ft

    £550/sq ft

    £5,919/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateAug 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Oct 2014

    £215,000

    21 Jul 2006

    £158,500

    5 Jan 2001

    £83,000

    Key Metrics

    Estimated valuation£319,647
    Value per sq ft / m²£550/sq ft (£5,919/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile27th percentile
    National percentile53rd 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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