7 Sherwood Drive

    7, SHERWOOD DRIVE, CHELMSFORD, CM1 3DL

    This semi-detached freehold property on Sherwood Drive last sold in March 2016 for £230,000. Based on price growth in the CM1 district since then, its estimated current value is £294,977 — placing it in the 48th percentile nationally and the 21st percentile within CM1. The property covers 88 m² (947 sq ft), giving an estimated value of £3,352 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £230,000

    Mar 2016

    Estimated Valuation

    £294,977

    Est. £/sq ft

    £311/sq ft

    £3,352/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateJul 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2016

    £230,000

    Key Metrics

    Estimated valuation£294,977
    Value per sq ft / m²£311/sq ft (£3,352/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile21st percentile
    National percentile48th 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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