7 Magnolia Close, Chelmsford, CM2 9HU is a freehold terraced property built between 1950-1966. The property offers approximately 753 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 £382,207 , which equates to approximately £507 per square foot. It was last sold on 1 Feb 2019 for £310,000. Since then, the value has increased by £72,207, representing a 23.3% increase, or approximately 3.4% per year.

The current estimated value of £382,207 is:

  • 0.1% higher than the average property price on Magnolia Close
  • 1.6% higher than the average in the CM2 9HU postcode area
  • and 14.9% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 10 April 2015, the property was recorded as owner-occupied.

View sold house prices in CM2 9HU

Building approximate location

About Property

Type
Terraced House
Built
1950-1966
Interior Size
753 sq ft
Tenure
Freehold
Price (estimate)
£382,207
Price Per sq ft (estimate)
£507
Bedroom Count (estimate)
2 bedrooms

EPC Summary

7 Magnolia Close, Chelmsford, Essex, CM2 9HU has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 10 Apr 2015.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are mostly double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Mostly double glazing
Average
Lighting
Low energy lighting in 44% of fixed outlets
Good

Compared to CM2 9HU

14 th / 19
Price Rank
2% higher than average
17 th / 18
Size Rank
14% smaller than average
3 rd / 18
Price Per Sq FT Rank
19% higher than average

Compared to other properties in CM2 9HU , this house's estimated value ranks 14th out of 19. Based on price per square foot, it ranks 3rd out of 18 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 17th out of 18 properties in its postcode area.

Sale History

Today
£382,207
streetscan.co.uk estimate
+23 %
1 Feb 2019
£310,000
Leasehold
+18.5 %
24 Mar 2016
£261,500
Leasehold
+72 %
20 Aug 2003
£152,000
Leasehold
+164.3 %
30 May 1997
£57,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 840 sq ft
sale price: £385,000
sale date: 17 Jun 2024
rooms: 4
size: 797 sq ft
sale price: £310,000
sale date: 23 Jun 2021
rooms: 4
size: 786 sq ft
sale price: £330,000
sale date: 21 Jun 2019
rooms: 4
size: 764 sq ft
sale price: £305,000
sale date: 8 Feb 2018
rooms: 4
size: 829 sq ft
sale price: £315,000
sale date: 20 Oct 2017

Data Sources

The property at 7 Magnolia Close, Chelmsford, CM2 9HU appears four times in the Land Registry records, with the latest transaction recorded on 1 Feb 2019. It also has a single Energy Performance Certificate (EPC) from 10 Apr 2015. 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.