6 Banham Drive

    6, BANHAM DRIVE, SPRINGFIELD, CHELMSFORD, CM1 6HA

    This flat/maisonette leasehold property on Banham Drive last sold in August 2024 for £244,995. Based on price growth in the CM1 district since then, its estimated current value is £243,485 — placing it in the 36th percentile nationally and the 15th percentile within CM1. The property covers 51 m² (549 sq ft), giving an estimated value of £4,774 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £244,995

    Aug 2024

    Estimated Valuation

    £243,485

    Est. £/sq ft

    £444/sq ft

    £4,774/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age2023
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateFeb 2024
    WallsAverage thermal transmittance 0.22 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Aug 2024

    New build

    £244,995

    Key Metrics

    Estimated valuation£243,485
    Value per sq ft / m²£444/sq ft (£4,774/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile15th percentile
    National percentile36th 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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