2 Elgar Drive

    2, ELGAR DRIVE, WITHAM, CM8 1DL

    This detached freehold property on Elgar Drive last sold in November 2024 for £525,000. Based on price growth in the CM8 district since then, its estimated current value is £504,926 — placing it in the 79th percentile nationally and the 87th percentile within CM8. The property covers 146 m² (1,572 sq ft), giving an estimated value of £3,458 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,572 sq ft

    146 m²

    Last Sale Price

    £525,000

    Nov 2024

    Estimated Valuation

    £504,926

    Est. £/sq ft

    £321/sq ft

    £3,458/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,572 sq ft (146 m²)
    EPC dateJun 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Nov 2024

    £525,000

    30 Aug 2002

    New build

    £287,500

    Key Metrics

    Estimated valuation£504,926
    Value per sq ft / m²£321/sq ft (£3,458/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM8 district percentile87th percentile
    National percentile79th percentile

    District Context — CM8

    CM8 covers Maldon and surrounding areas in Essex, located on the eastern edge of the county between Chelmsford and the coast. It is a mixed residential district with both commuter appeal and a strong local community identity.

    Average Property Price - CM8

    £348,073

    56

    National percentile

    Average Net Household Income - CM8

    £42,853

    69

    National percentile

    10-Year Annualised Price Growth - CM8

    3.6%

    52

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM8

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