114 Parkinson Drive

    114, PARKINSON DRIVE, CHELMSFORD, CM1 3GS

    This flat/maisonette leasehold property on Parkinson Drive last sold in October 2022 for £200,000. Based on price growth in the CM1 district since then, its estimated current value is £186,642 — placing it in the 21st percentile nationally and the 7th percentile within CM1. The property covers 39 m² (420 sq ft), giving an estimated value of £4,786 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £200,000

    Oct 2022

    Estimated Valuation

    £186,642

    Est. £/sq ft

    £445/sq ft

    £4,786/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area420 sq ft (39 m²)
    EPC dateApr 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    17 Oct 2022

    £200,000

    3 Apr 2017

    £150,000

    31 Mar 2015

    £120,000

    9 Nov 2007

    £138,000

    12 Dec 2003

    New build

    £127,000

    Key Metrics

    Estimated valuation£186,642
    Value per sq ft / m²£445/sq ft (£4,786/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile7th percentile
    National percentile21st 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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