7 Grantham Drive

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

    This detached freehold property on Grantham Drive last sold in August 2021 for £525,000. Based on price growth in the CM1 district since then, its estimated current value is £565,918 — placing it in the 84th percentile nationally and the 78th percentile within CM1. The property covers 107 m² (1,152 sq ft), giving an estimated value of £5,289 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,152 sq ft

    107 m²

    Last Sale Price

    £525,000

    Aug 2021

    Estimated Valuation

    £565,918

    Est. £/sq ft

    £491/sq ft

    £5,289/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,152 sq ft (107 m²)
    EPC dateMay 2021
    WallsAverage thermal transmittance 0.21 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2021

    New build

    £525,000

    Key Metrics

    Estimated valuation£565,918
    Value per sq ft / m²£491/sq ft (£5,289/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile78th 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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