8 Wellmeads

    8, WELLMEADS, CHELMSFORD, CHELMSFORD, CM2 9QB

    This semi-detached freehold property on Wellmeads last sold in May 2003 for £154,000. Based on price growth in the CM2 district since then, its estimated current value is £363,933 — placing it in the 62nd percentile nationally and the 40th percentile within CM2. The property covers 88 m² (947 sq ft), giving an estimated value of £4,136 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £154,000

    May 2003

    Estimated Valuation

    £363,933

    Est. £/sq ft

    £384/sq ft

    £4,136/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateDec 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 May 2003

    £154,000

    Key Metrics

    Estimated valuation£363,933
    Value per sq ft / m²£384/sq ft (£4,136/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile40th percentile
    National percentile62nd 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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