8 Miami House Princes Road

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

    This flat/maisonette leasehold property on Princes Road last sold in April 2023 for £282,000. Based on price growth in the CM2 district since then, its estimated current value is £280,125 — placing it in the 45th percentile nationally and the 22nd percentile within CM2. The property covers 57 m² (614 sq ft), giving an estimated value of £4,914 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £282,000

    Apr 2023

    Estimated Valuation

    £280,125

    Est. £/sq ft

    £457/sq ft

    £4,914/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2019
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateFeb 2019
    WallsAverage thermal transmittance 0.17 W/m
    HeatingRoom heaters, electric

    Transaction History

    27 Apr 2023

    £282,000

    31 May 2019

    £360,000

    Key Metrics

    Estimated valuation£280,125
    Value per sq ft / m²£457/sq ft (£4,914/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile22nd percentile
    National percentile45th 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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