35 Drood Close

    35, DROOD CLOSE, CHELMSFORD, CHELMSFORD, CM1 4XX

    This flat/maisonette leasehold property on Drood Close last sold in May 2005 for £124,000. Based on price growth in the CM1 district since then, its estimated current value is £194,234 — placing it in the 23rd percentile nationally and the 8th percentile within CM1. The property covers 52 m² (560 sq ft), giving an estimated value of £3,735 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £124,000

    May 2005

    Estimated Valuation

    £194,234

    Est. £/sq ft

    £347/sq ft

    £3,735/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateApr 2023
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    12 May 2005

    £124,000

    12 Aug 2002

    £122,000

    12 Sept 1997

    £45,000

    Key Metrics

    Estimated valuation£194,234
    Value per sq ft / m²£347/sq ft (£3,735/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile8th percentile
    National percentile23rd 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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