Please note: This is an estimate based on available data and market trends. This valuation is provided for informational purposes only and should not be considered as a professional valuation. BritishProperty.uk takes no responsibility for any inaccuracies, errors, or omissions in this estimate. Property values can vary significantly based on condition, improvements, market conditions, and other factors not reflected in this automated estimate. Mistakes can occur in data processing or calculations. For a professional valuation, you should consult a qualified surveyor or estate agent. This estimate is not intended to be used as the sole basis for any financial, legal, or property-related decisions.
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See detailed transaction records and historical sale data for this property from HM Land Registry.
Property Characteristics
16 COLYERS REACH is a terraced house in CHELMSFORD, ESSEX.
First sale date of 1999 suggests this property has been part of the CM2 6RN market for 26 years.
Transaction History
First recorded sale was in 1999 at £52,000, with 3 total transactions recorded over the property's history.
Latest sale occurred on 28 November 2014 for £131,500, representing a 5.6% increase from the previous sale in 2008.
Over 26 years of ownership history, this property has seen 3 ownership changes, averaging approximately 8.7 years between sales.
Since last selling in 2014, the property's estimated value has grown by approximately £246,099, representing a 10% annual growth rate over 11.1 years.
Market Position
Ranks above the postcode average, positioned in the 52th percentile (17 of 33 properties) in CM2 6RN.
Priced 21.1% below the CM2 6RN average of £166,762 for all property types.
Current estimated value ranges from £339,839 to £415,359, with a central estimate of £377,599 based on market growth trends.
Comparative Market Analysis
COLYERS REACH has 33 recorded properties with an average sale price of £166,762. This property is 21.1% below the street average.
Across all property types in CM2 6RN, 2 properties have sold over the past 12 months at an average of £292,500.
Sale History
| Date | Price | Change | Property Type |
|---|---|---|---|
| Today's estimated value* | £377,599 | 187.1% | - |
| 28/11/2014 | £131,500 | +5.6% | terraced house |
| 07/03/2008 | £124,500 | +139.4% | terraced house |
| 27/08/1999 | £52,000 | - | terraced house |
Price History
Market Statistics - CM2 6RN
Property Types
Similar Properties in CM2 6RN
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