11 Parkinson Drive

    11, PARKINSON DRIVE, CHELMSFORD, CM1 3GU

    This flat/maisonette leasehold property on Parkinson Drive last sold in November 2024 for £225,000. Based on price growth in the CM1 district since then, its estimated current value is £223,613 — placing it in the 31st percentile nationally and the 12th percentile within CM1. The property covers 51 m² (549 sq ft), giving an estimated value of £4,385 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £225,000

    Nov 2024

    Estimated Valuation

    £223,613

    Est. £/sq ft

    £407/sq ft

    £4,385/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area549 sq ft (51 m²)
    EPC dateDec 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    28 Nov 2024

    £225,000

    21 Apr 2015

    £165,000

    27 Nov 2007

    £162,000

    29 Mar 2004

    New build

    £158,000

    Key Metrics

    Estimated valuation£223,613
    Value per sq ft / m²£407/sq ft (£4,385/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile12th percentile
    National percentile31st 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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