2 Riddiford Drive

    2, RIDDIFORD DRIVE, CHELMSFORD, CM1 2GB

    This detached freehold property on Riddiford Drive last sold in March 2013 for £420,000. Based on price growth in the CM1 district since then, its estimated current value is £726,438 — placing it in the 91st percentile nationally and the 91st percentile within CM1. The property covers 120 m² (1,292 sq ft), giving an estimated value of £6,054 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,292 sq ft

    120 m²

    Last Sale Price

    £420,000

    Mar 2013

    Estimated Valuation

    £726,438

    Est. £/sq ft

    £562/sq ft

    £6,054/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,292 sq ft (120 m²)
    EPC dateDec 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Mar 2013

    £420,000

    2 Feb 2006

    £347,500

    14 Jul 1997

    £160,000

    Key Metrics

    Estimated valuation£726,438
    Value per sq ft / m²£562/sq ft (£6,054/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile91st percentile
    National percentile91st 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

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