167 Parkinson Drive

    167, PARKINSON DRIVE, CHELMSFORD, CM1 3GW

    This flat/maisonette leasehold property on Parkinson Drive last sold in May 2022 for £215,000. Based on price growth in the CM1 district since then, its estimated current value is £200,640 — placing it in the 25th percentile nationally and the 9th percentile within CM1. The property covers 44 m² (474 sq ft), giving an estimated value of £4,560 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £215,000

    May 2022

    Estimated Valuation

    £200,640

    Est. £/sq ft

    £424/sq ft

    £4,560/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area474 sq ft (44 m²)
    EPC dateFeb 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    20 May 2022

    £215,000

    18 Nov 2016

    £170,000

    26 Sept 2003

    New build

    £138,000

    Key Metrics

    Estimated valuation£200,640
    Value per sq ft / m²£424/sq ft (£4,560/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile9th percentile
    National percentile25th 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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