Mearns Place, Chelmsford, CM2 is a residential street which is the 223rd longest street in the CM2 area.
It contains 16 residential addresses consisting of 8 houses and 8 flats and the most common type of property is a modern house built after 1980.
The average house value is £173,103. Sales values have decreased in the last 12 months by 0.9% and Rental values have increased by 5.3%.
Property sale values range from £125,335 for a leasehold flat, with 1 bedrooms split across 269 square feet of gross internal area and has no outside space to £540,456 for a freehold house, with 4 bedrooms split across 1,259 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Mearns Place, Chelmsford, CM2 is £462/ft2.
Properties achieve a rental yield of between 4.4% and 7.2%, and rental values range from £750 to £1,985 per month.
The last sale was 23 Oct 2023 for £368,000 and since then the market in the area as increased by -1.2%. The street has had a total of 4 sales since 1995.
Mearns Place, Chelmsford, CM2 has seen 4 sales in the last three years and 1 sale in the last twelve months.
Mearns Place, Chelmsford, CM2 is the 223rd largest and the 15th most expensive street in the CM2 area.
There is 1 postcode on Mearns Place, Chelmsford, CM2.
Mearns Place, Chelmsford, CM2 is a residential street located in CM2 containing 8 houses and 8 flats.
The most common property type on Mearns Place, Chelmsford, CM2 is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to Mearns Place, Chelmsford, CM2 is Beaulieu Park station which is 2.2 km away.