8 Forest Drive

    8, FOREST DRIVE, CHELMSFORD, CM1 2TR

    This semi-detached freehold property on Forest Drive last sold in November 2016 for £272,000. Based on price growth in the CM1 district since then, its estimated current value is £348,843 — placing it in the 59th percentile nationally and the 33rd percentile within CM1. The property covers 83 m² (893 sq ft), giving an estimated value of £4,203 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £272,000

    Nov 2016

    Estimated Valuation

    £348,843

    Est. £/sq ft

    £390/sq ft

    £4,203/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area893 sq ft (83 m²)
    EPC dateJul 2016
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Nov 2016

    £272,000

    Key Metrics

    Estimated valuation£348,843
    Value per sq ft / m²£390/sq ft (£4,203/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile33rd percentile
    National percentile59th 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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