109 Parkinson Drive

    109, PARKINSON DRIVE, CHELMSFORD, CM1 3GW

    This flat/maisonette leasehold property on Parkinson Drive last sold in February 2021 for £185,000. Based on price growth in the CM1 district since then, its estimated current value is £187,261 — placing it in the 21st percentile nationally and the 7th percentile within CM1. The property covers 45 m² (484 sq ft), giving an estimated value of £4,161 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £185,000

    Feb 2021

    Estimated Valuation

    £187,261

    Est. £/sq ft

    £387/sq ft

    £4,161/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateJul 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    26 Feb 2021

    £185,000

    11 Nov 2016

    £180,000

    25 Aug 2006

    £140,000

    3 Nov 2003

    New build

    £138,000

    Key Metrics

    Estimated valuation£187,261
    Value per sq ft / m²£387/sq ft (£4,161/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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