3 Grantham Drive

    3, GRANTHAM DRIVE, SPRINGFIELD, CHELMSFORD, CM1 6DY

    This detached freehold property on Grantham Drive last sold in September 2021 for £497,500. Based on price growth in the CM1 district since then, its estimated current value is £536,275 — placing it in the 82nd percentile nationally and the 74th percentile within CM1. The property covers 110 m² (1,184 sq ft), giving an estimated value of £4,875 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £497,500

    Sept 2021

    Estimated Valuation

    £536,275

    Est. £/sq ft

    £453/sq ft

    £4,875/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,184 sq ft (110 m²)
    EPC dateMay 2021
    WallsAverage thermal transmittance 0.21 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Sept 2021

    New build

    £497,500

    Key Metrics

    Estimated valuation£536,275
    Value per sq ft / m²£453/sq ft (£4,875/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile74th percentile
    National percentile82nd 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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