1 Milbank

    1, MILBANK, CHELMSFORD, CM2 6YX

    This detached freehold property on Milbank last sold in September 2024 for £590,000. Based on price growth in the CM2 district since then, its estimated current value is £568,683 — placing it in the 84th percentile nationally and the 81st percentile within CM2. The property covers 119 m² (1,281 sq ft), giving an estimated value of £4,779 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £590,000

    Sept 2024

    Estimated Valuation

    £568,683

    Est. £/sq ft

    £444/sq ft

    £4,779/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,281 sq ft (119 m²)
    EPC dateMar 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Sept 2024

    £590,000

    26 Jan 2007

    £307,500

    30 Mar 2001

    New build

    £199,950

    Key Metrics

    Estimated valuation£568,683
    Value per sq ft / m²£444/sq ft (£4,779/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile81st percentile
    National percentile84th 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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