47 Miami House Princes Road

    47 MIAMI HOUSE, PRINCES ROAD, CHELMSFORD, CM2 9GE

    This flat/maisonette leasehold property on Princes Road last sold in April 2024 for £399,000. Based on price growth in the CM2 district since then, its estimated current value is £396,338 — placing it in the 67th percentile nationally and the 49th percentile within CM2. The property covers 79 m² (850 sq ft), giving an estimated value of £5,017 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £399,000

    Apr 2024

    Estimated Valuation

    £396,338

    Est. £/sq ft

    £466/sq ft

    £5,017/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2019
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateMay 2019
    WallsAverage thermal transmittance 0.17 W/m
    HeatingRoom heaters, electric

    Transaction History

    12 Apr 2024

    £399,000

    Key Metrics

    Estimated valuation£396,338
    Value per sq ft / m²£466/sq ft (£5,017/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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