2B, MEADOWSIDE, CHELMSFORD, CM2 6LN - £135,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2B MEADOWSIDE is a very small flat of 27m², built sometime between 1900 and 1929, which could now be worth an estimated £131,014. It was last sold for £135,000 in February 2023, which was around 38% below the average February 2023 flat price in the Chelmsford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

2B MEADOWSIDE Sold Prices

Land registry data shows three sales for 2B MEADOWSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. All of the three 2B MEADOWSIDE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 16 FEB	£135,000	£217,698	38% below HPI
2003 26 JUN	£68,000	£113,498	40% below HPI
2001 19 APR	£38,500	£70,465	45% below HPI

What might 2B MEADOWSIDE be worth now?

2B MEADOWSIDE might now be worth an estimated £131,014.

This is based on house price deflation of 3%, between February 2023 and May 2026, for flats, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% deflationary decrease is applied to the most recent sale price for 2B MEADOWSIDE of £135,000 on 16th February 2023. For the value to have decreased from £135,000 to £131,014 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 2B MEADOWSIDE has moved in line with the HPI for flats in the Chelmsford local authority area.
• The February 2023 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 2B MEADOWSIDE has not materially changed since February 2023.

How Large is 2B MEADOWSIDE?

2B MEADOWSIDE is 27m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of flats in Chelmsford, based on EPC data. 1% of flats are smaller than 2B MEADOWSIDE, and 98% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

2B MEADOWSIDE: Plot

2B MEADOWSIDE sits on a plot of roughly 0.014 of an acre, or 55m².

Where is 2B MEADOWSIDE?

2B MEADOWSIDE is located in CHELMSFORD, in the CM2 postcode district.