5 Longmeads Redwood Drive

    5 LONGMEADS, REDWOOD DRIVE, WRITTLE, CHELMSFORD, CM1 3FN

    This flat/maisonette leasehold property on Redwood Drive last sold in April 2024 for £585,000. Based on price growth in the CM1 district since then, its estimated current value is £581,394 — placing it in the 85th percentile nationally and the 80th percentile within CM1. The property covers 131 m² (1,410 sq ft), giving an estimated value of £4,438 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,410 sq ft

    131 m²

    Last Sale Price

    £585,000

    Apr 2024

    Estimated Valuation

    £581,394

    Est. £/sq ft

    £412/sq ft

    £4,438/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,410 sq ft (131 m²)
    EPC dateMar 2024
    WallsAverage thermal transmittance 0.13 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Apr 2024

    £585,000

    Key Metrics

    Estimated valuation£581,394
    Value per sq ft / m²£412/sq ft (£4,438/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile80th percentile
    National percentile85th 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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