73 Banham Drive

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

    This detached freehold property on Banham Drive last sold in January 2025 for £514,995. Based on price growth in the CM1 district since then, its estimated current value is £514,995 — placing it in the 80th percentile nationally and the 71st percentile within CM1. The property covers 84 m² (904 sq ft), giving an estimated value of £6,131 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £514,995

    Jan 2025

    Estimated Valuation

    £514,995

    Est. £/sq ft

    £570/sq ft

    £6,131/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2023
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area904 sq ft (84 m²)
    EPC dateJan 2025
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jan 2025

    New build

    £514,995

    Key Metrics

    Estimated valuation£514,995
    Value per sq ft / m²£570/sq ft (£6,131/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile71st percentile
    National percentile80th 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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