18 Parkinson Drive

    18, PARKINSON DRIVE, CHELMSFORD, CHELMSFORD, CM1 3GH

    This flat/maisonette leasehold property on Parkinson Drive last sold in May 2002 for £135,000. Based on price growth in the CM1 district since then, its estimated current value is £287,153 — placing it in the 46th percentile nationally and the 20th percentile within CM1. The property covers 66 m² (710 sq ft), giving an estimated value of £4,351 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £135,000

    May 2002

    Estimated Valuation

    £287,153

    Est. £/sq ft

    £404/sq ft

    £4,351/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area710 sq ft (66 m²)
    EPC dateOct 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    30 May 2002

    New build

    £135,000

    Key Metrics

    Estimated valuation£287,153
    Value per sq ft / m²£404/sq ft (£4,351/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile20th percentile
    National percentile46th 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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