18 Searle Close

    18, SEARLE CLOSE, CHELMSFORD, CM2 9GB

    This flat/maisonette leasehold property on Searle Close last sold in February 2023 for £225,000. Based on price growth in the CM2 district since then, its estimated current value is £223,504 — placing it in the 31st percentile nationally and the 14th percentile within CM2. The property covers 54 m² (581 sq ft), giving an estimated value of £4,139 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £225,000

    Feb 2023

    Estimated Valuation

    £223,504

    Est. £/sq ft

    £385/sq ft

    £4,139/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateNov 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    2 Feb 2023

    £225,000

    30 Jan 2015

    £185,000

    25 Nov 2005

    New build

    £188,995

    Key Metrics

    Estimated valuation£223,504
    Value per sq ft / m²£385/sq ft (£4,139/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile14th percentile
    National percentile31st 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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