43 Forest Drive

    43, FOREST DRIVE, CHELMSFORD, CM1 2TT

    This terraced freehold property on Forest Drive last sold in May 2017 for £255,000. Based on price growth in the CM1 district since then, its estimated current value is £302,332 — placing it in the 50th percentile nationally and the 22nd percentile within CM1. The property covers 82 m² (883 sq ft), giving an estimated value of £3,687 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £255,000

    May 2017

    Estimated Valuation

    £302,332

    Est. £/sq ft

    £343/sq ft

    £3,687/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialC
    Floor area883 sq ft (82 m²)
    EPC dateMar 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    25 May 2017

    £255,000

    Key Metrics

    Estimated valuation£302,332
    Value per sq ft / m²£343/sq ft (£3,687/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile22nd percentile
    National percentile50th 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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