16 Mead Path

    16, MEAD PATH, CHELMSFORD, CM2 9XL

    This flat/maisonette leasehold property on Mead Path last sold in November 2024 for £177,500. Based on price growth in the CM2 district since then, its estimated current value is £176,316 — placing it in the 18th percentile nationally and the 6th percentile within CM2. The property covers 40 m² (431 sq ft), giving an estimated value of £4,408 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £177,500

    Nov 2024

    Estimated Valuation

    £176,316

    Est. £/sq ft

    £410/sq ft

    £4,408/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area431 sq ft (40 m²)
    EPC dateJul 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    1 Nov 2024

    £177,500

    Key Metrics

    Estimated valuation£176,316
    Value per sq ft / m²£410/sq ft (£4,408/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile6th percentile
    National percentile18th 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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