77 Parkinson Drive

    77, PARKINSON DRIVE, CHELMSFORD, CM1 3GU

    This terraced freehold property on Parkinson Drive last sold in April 2021 for £440,000. Based on price growth in the CM1 district since then, its estimated current value is £484,993 — placing it in the 77th percentile nationally and the 66th percentile within CM1. The property covers 158 m² (1,701 sq ft), giving an estimated value of £3,070 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,701 sq ft

    158 m²

    Last Sale Price

    £440,000

    Apr 2021

    Estimated Valuation

    £484,993

    Est. £/sq ft

    £285/sq ft

    £3,070/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,701 sq ft (158 m²)
    EPC dateFeb 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Apr 2021

    £440,000

    30 Jun 2003

    New build

    £249,995

    Key Metrics

    Estimated valuation£484,993
    Value per sq ft / m²£285/sq ft (£3,070/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile66th percentile
    National percentile77th 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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