48 Parkinson Drive

    48, PARKINSON DRIVE, CHELMSFORD, CHELMSFORD, CM1 3GH

    This terraced freehold property on Parkinson Drive last sold in August 2004 for £295,000. Based on price growth in the CM1 district since then, its estimated current value is £647,267 — placing it in the 88th percentile nationally and the 86th percentile within CM1. The property covers 164 m² (1,765 sq ft), giving an estimated value of £3,947 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,765 sq ft

    164 m²

    Last Sale Price

    £295,000

    Aug 2004

    Estimated Valuation

    £647,267

    Est. £/sq ft

    £367/sq ft

    £3,947/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,765 sq ft (164 m²)
    EPC dateJul 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Aug 2004

    £295,000

    14 Feb 2003

    New build

    £249,950

    Key Metrics

    Estimated valuation£647,267
    Value per sq ft / m²£367/sq ft (£3,947/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile86th percentile
    National percentile88th 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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