2 Drood Close

    2, DROOD CLOSE, CHELMSFORD, CHELMSFORD, CM1 4XX

    This semi-detached freehold property on Drood Close last sold in September 1995 for £67,500. Based on price growth in the CM1 district since then, its estimated current value is £480,567 — placing it in the 77th percentile nationally and the 65th percentile within CM1. The property covers 93 m² (1,001 sq ft), giving an estimated value of £5,167 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £67,500

    Sept 1995

    Estimated Valuation

    £480,567

    Est. £/sq ft

    £480/sq ft

    £5,167/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,001 sq ft (93 m²)
    EPC dateJun 2021
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Sept 1995

    £67,500

    Key Metrics

    Estimated valuation£480,567
    Value per sq ft / m²£480/sq ft (£5,167/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile65th 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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