114 Forest Drive

    114, FOREST DRIVE, CHELMSFORD, CM1 2TT

    This terraced freehold property on Forest Drive last sold in August 2014 for £197,000. Based on price growth in the CM1 district since then, its estimated current value is £312,335 — placing it in the 52nd percentile nationally and the 24th percentile within CM1. The property covers 66 m² (710 sq ft), giving an estimated value of £4,732 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £197,000

    Aug 2014

    Estimated Valuation

    £312,335

    Est. £/sq ft

    £440/sq ft

    £4,732/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area710 sq ft (66 m²)
    EPC dateJun 2025
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2014

    £197,000

    2 Nov 2007

    £185,000

    9 Aug 2007

    £155,000

    16 Sept 2002

    £135,995

    18 Sept 2000

    £85,000

    9 Jun 1997

    £29,610

    Key Metrics

    Estimated valuation£312,335
    Value per sq ft / m²£440/sq ft (£4,732/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile24th percentile
    National percentile52nd 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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