Two Oaks The Common

    TWO OAKS, THE COMMON, GALLEYWOOD, CHELMSFORD, CM2 8TP

    This detached freehold property on The Common last sold in May 2016 for £950,000. Based on price growth in the CM2 district since then, its estimated current value is £1,130,048 — placing it in the 97th percentile nationally and the 99th percentile within CM2. The property covers 216 m² (2,325 sq ft), giving an estimated value of £5,232 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,325 sq ft

    216 m²

    Last Sale Price

    £950,000

    May 2016

    Estimated Valuation

    £1,130,048

    Est. £/sq ft

    £486/sq ft

    £5,232/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms7
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area2,325 sq ft (216 m²)
    EPC dateNov 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingGround source heat pump, radiators, electric

    Transaction History

    12 May 2016

    £950,000

    2 May 1997

    £205,000

    Key Metrics

    Estimated valuation£1,130,048
    Value per sq ft / m²£486/sq ft (£5,232/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile99th percentile
    National percentile97th 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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