40, The Ray, CM1 6JU
40 The Ray is a 50 m² / 538 sq ft flat in Chelmsford. It sold for £148,000 in March 2012. Indexed forward to today's value, that sale is roughly £253k. Recent local prices imply a broad valuation context of £206k to £261k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
Date Paid price Annual growth After inflation Mar 2012 £148,000 1.3% -1.5% Sep 2006 £138,000 11.5% 9.5% Aug 2000 £71,750 11.7% 10.0% May 1996 £44,500 na na - Floor plan
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Archived estate agent floor plan for 40, The Ray.
- Internal area
- 50 square metres (538 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £2,960 per square metre (£275 per square foot) in Mar 2012. Indexed forward to today's value, this is roughly £5,064 per square metre (£470 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Mar 2012 £148,000 £2,960 £253,192 £5,064 Sep 2006 £138,000 £2,760 £210,130 £4,203 Aug 2000 £71,750 £1,435 £218,498 £4,370 May 1996 £44,500 £890 £263,687 £5,274 Calculated using the latest EPC internal area of 50 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £253,192. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Chelmsford are now selling for between £4,130 and £5,220 per square metre (£383 and £484 per square foot). Based on an internal area of 50 m², this implies a valuation between £206,000 and £261,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 2
- Type
- Flat
- Council tax band
- B
- Summary:
- 31 March 2010 - energy performance certificate grade D
- Reason for EPC:
- None
- Tenure:
- Owner-occupied
- Property type:
- None , has 3 habitable rooms. Estimated year built 1983 to 1990
- Area:
- 50 sqm (538 square foot) total internal area
- Comments:
40 The Ray is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £253,192.
- Based on an internal area of 50 m² and recent prices in Chelmsford, this implies a lower and upper quartile range from £206,000 to £261,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.