38 Cherwell Drive

    38, CHERWELL DRIVE, CHELMSFORD, CM1 2JL

    This terraced freehold property on Cherwell Drive last sold in July 2023 for £346,000. Based on price growth in the CM1 district since then, its estimated current value is £349,683 — placing it in the 59th percentile nationally and the 33rd percentile within CM1. The property covers 78 m² (840 sq ft), giving an estimated value of £4,483 per m². The EPC rating is C, with a potential rating of B.

    See wider trends for Cherwell Drive →

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £346,000

    Jul 2023

    Estimated Valuation

    £349,683

    Est. £/sq ft

    £416/sq ft

    £4,483/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateApr 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jul 2023

    £346,000

    Key Metrics

    Estimated valuation£349,683
    Value per sq ft / m²£416/sq ft (£4,483/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile33rd percentile
    National percentile59th percentile

    District Context — CM1

    See wider trends for 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

    £421,421

    72

    National percentile

    12 month avg at 31 Jul 2026

    Average Net Household Income - CM1

    £36,171

    39

    National percentile

    2023 census data

    10-Year Annualised Price Growth - CM1

    2.6%

    37

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - CM

    3.9%

    54

    National percentile

    Estimate at 31 Jul 2026

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