2 Spenlow Drive

    2, SPENLOW DRIVE, CHELMSFORD, CM1 4UQ

    This terraced freehold property on Spenlow Drive last sold in September 2022 for £565,000. Based on price growth in the CM1 district since then, its estimated current value is £561,183 — placing it in the 84th percentile nationally and the 77th percentile within CM1. The property covers 103 m² (1,109 sq ft), giving an estimated value of £5,448 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,109 sq ft

    103 m²

    Last Sale Price

    £565,000

    Sept 2022

    Estimated Valuation

    £561,183

    Est. £/sq ft

    £506/sq ft

    £5,448/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,109 sq ft (103 m²)
    EPC dateMar 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Sept 2022

    £565,000

    8 Feb 2007

    £284,000

    5 May 2006

    £272,500

    Key Metrics

    Estimated valuation£561,183
    Value per sq ft / m²£506/sq ft (£5,448/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile77th percentile
    National percentile84th 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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