16 Bankart Lane, Chelmsford, CM2 6TZ is a freehold terraced property built between 1983-1990. The property offers approximately 807 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £441,255 , which equates to approximately £547 per square foot. It was last sold on 12 Jul 2007 for £247,000. Since then, the value has increased by £194,255, representing a 78.6% increase, or approximately 4.3% per year.

The current estimated value of £441,255 is:

  • 14.1% higher than the average property price on Bankart Lane
  • 22.8% higher than the average in the CM2 6TZ postcode area
  • and 1.2% higher than the average price for Chelmsford as a whole

At the most recent EPC inspection on 26 July 2022, the property was recorded as owner-occupied.

View sold house prices in CM2 6TZ

Building approximate location

About Property

Type
Terraced House
Built
1983-1990
Interior Size
807 sq ft
Tenure
Freehold
Price (estimate)
£441,255
Price Per sq ft (estimate)
£547
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Bankart Lane, Chelmsford, Essex, CM2 6TZ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 26 Jul 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are mostly double glazed.

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Mostly double glazing
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM2 6TZ

3 rd / 18
Price Rank
23% higher than average
2 nd / 11
Size Rank
21% bigger than average
10 th / 11
Price Per Sq FT Rank
1% higher than average

Compared to other properties in CM2 6TZ , this house's estimated value ranks 3rd out of 18. Based on price per square foot, it ranks 10th out of 11 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 11 properties in its postcode area.

Sale History

Today
£441,255
streetscan.co.uk estimate
+79 %
12 Jul 2007
£247,000
Leasehold
+162.8 %
2 Feb 2001
£94,000
Leasehold
+27 %
27 May 1999
£73,995
Leasehold

Area Insights

Nearby Properties

18 Bankart Lane, Chelmsford, CM2 6TZ
rooms: 3
size: 592 sq ft
sale price: £205,000
sale date: 1 Nov 2013
13 Bankart Lane, Chelmsford, CM2 6TZ
rooms: 3
size: 592 sq ft
sale price: £70,500
sale date: 5 Aug 1999
20 Bankart Lane, Chelmsford, CM2 6TZ
rooms: 4
size: 624 sq ft
sale price: £310,000
sale date: 28 May 2021
12 Bankart Lane, Chelmsford, CM2 6TZ
rooms: 3
size: 614 sq ft
sale price: £233,000
sale date: 14 Nov 2014
11 Bankart Lane, Chelmsford, CM2 6TZ
rooms: 3
size: 624 sq ft
sale price: £132,000
sale date: 24 Oct 2003

Data Sources

The property at 16 Bankart Lane, Chelmsford, CM2 6TZ appears three times in the Land Registry records, with the latest transaction recorded on 12 Jul 2007. It also has a single Energy Performance Certificate (EPC) from 26 Jul 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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