120 Forest Drive

    120, FOREST DRIVE, CHELMSFORD, CM1 2TT

    This terraced freehold property on Forest Drive last sold in March 2020 for £241,500. Based on price growth in the CM1 district since then, its estimated current value is £287,929 — placing it in the 47th percentile nationally and the 21st percentile within CM1. The property covers 85 m² (915 sq ft), giving an estimated value of £3,387 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £241,500

    Mar 2020

    Estimated Valuation

    £287,929

    Est. £/sq ft

    £315/sq ft

    £3,387/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area915 sq ft (85 m²)
    EPC dateOct 2018
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Mar 2020

    £241,500

    Key Metrics

    Estimated valuation£287,929
    Value per sq ft / m²£315/sq ft (£3,387/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile21st percentile
    National percentile47th 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

    More properties in CM1

    Streets in CM1

    Explore nearby