57 Falmouth Road

    57, FALMOUTH ROAD, SPRINGFIELD, CHELMSFORD, CM1 6HZ

    This detached freehold property on Falmouth Road last sold in December 2023 for £400,000. Based on price growth in the CM1 district since then, its estimated current value is £402,035 — placing it in the 68th percentile nationally and the 47th percentile within CM1. The property covers 60 m² (646 sq ft), giving an estimated value of £6,701 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £400,000

    Dec 2023

    Estimated Valuation

    £402,035

    Est. £/sq ft

    £623/sq ft

    £6,701/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateMay 2016
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    12 Dec 2023

    £400,000

    6 May 2016

    £319,500

    15 Jul 2005

    £180,000

    Key Metrics

    Estimated valuation£402,035
    Value per sq ft / m²£623/sq ft (£6,701/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile47th percentile
    National percentile68th 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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