7 Lyon Close

    7, LYON CLOSE, CHELMSFORD, CM2 8NY

    This detached freehold property on Lyon Close last sold in January 2014 for £277,000. Based on price growth in the CM2 district since then, its estimated current value is £395,097 — placing it in the 67th percentile nationally and the 49th percentile within CM2. The property covers 91 m² (980 sq ft), giving an estimated value of £4,342 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £277,000

    Jan 2014

    Estimated Valuation

    £395,097

    Est. £/sq ft

    £403/sq ft

    £4,342/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area980 sq ft (91 m²)
    EPC dateSept 2013
    WallsCavity wall, filled cavity
    HeatingWarm air, Electricaire

    Transaction History

    31 Jan 2014

    £277,000

    Key Metrics

    Estimated valuation£395,097
    Value per sq ft / m²£403/sq ft (£4,342/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile49th percentile
    National percentile67th 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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