62 Forest Drive

    62, FOREST DRIVE, CHELMSFORD, CHELMSFORD, CM1 2TS

    This flat/maisonette leasehold property on Forest Drive last sold in June 2003 for £92,000. Based on price growth in the CM1 district since then, its estimated current value is £174,210 — placing it in the 18th percentile nationally and the 5th percentile within CM1. The property covers 71 m² (764 sq ft), giving an estimated value of £2,454 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £92,000

    Jun 2003

    Estimated Valuation

    £174,210

    Est. £/sq ft

    £228/sq ft

    £2,454/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateJul 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2003

    £92,000

    Key Metrics

    Estimated valuation£174,210
    Value per sq ft / m²£228/sq ft (£2,454/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile5th percentile
    National percentile18th 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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