2 Elms Drive

    2, ELMS DRIVE, CHELMSFORD, CM1 1RH

    This semi-detached freehold property on Elms Drive last sold in November 2019 for £340,000. Based on price growth in the CM1 district since then, its estimated current value is £409,668 — placing it in the 69th percentile nationally and the 49th percentile within CM1. The property covers 89 m² (958 sq ft), giving an estimated value of £4,603 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £340,000

    Nov 2019

    Estimated Valuation

    £409,668

    Est. £/sq ft

    £428/sq ft

    £4,603/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateApr 2022
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Nov 2019

    £340,000

    8 Aug 2003

    £215,000

    14 Dec 2000

    £90,000

    Key Metrics

    Estimated valuation£409,668
    Value per sq ft / m²£428/sq ft (£4,603/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile49th percentile
    National percentile69th percentile

    District Context — CM1

    CM1 covers Chelmsford town centre and its immediate surroundings in Essex, located roughly 30 miles northeast of London. It is a established residential and commercial district with strong local amenities and commuter appeal.

    Average Property Price - CM1

    £436,548

    73

    National percentile

    Average Net Household Income - CM1

    £36,171

    39

    National percentile

    10-Year Annualised Price Growth - CM1

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM1

    More properties in CM1

    Streets in CM1

    Explore nearby