71 Banham Drive

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

    This detached freehold property on Banham Drive last sold in December 2024 for £662,995. Based on price growth in the CM1 district since then, its estimated current value is £705,687 — placing it in the 90th percentile nationally and the 90th percentile within CM1. The property covers 124 m² (1,335 sq ft), giving an estimated value of £5,691 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £662,995

    Dec 2024

    Estimated Valuation

    £705,687

    Est. £/sq ft

    £529/sq ft

    £5,691/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2023
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,335 sq ft (124 m²)
    EPC dateNov 2024
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2024

    New build

    £662,995

    Key Metrics

    Estimated valuation£705,687
    Value per sq ft / m²£529/sq ft (£5,691/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile90th percentile
    National percentile90th 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

    More properties in CM1

    Streets in CM1

    Explore nearby