114 Falmouth Road

    114, FALMOUTH ROAD, SPRINGFIELD, CHELMSFORD, CM1 6JB

    This detached freehold property on Falmouth Road last sold in September 2022 for £577,500. Based on price growth in the CM1 district since then, its estimated current value is £574,467 — placing it in the 84th percentile nationally and the 79th percentile within CM1. The property covers 129 m² (1,389 sq ft), giving an estimated value of £4,453 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £577,500

    Sept 2022

    Estimated Valuation

    £574,467

    Est. £/sq ft

    £414/sq ft

    £4,453/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,389 sq ft (129 m²)
    EPC dateJun 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Sept 2022

    £577,500

    Key Metrics

    Estimated valuation£574,467
    Value per sq ft / m²£414/sq ft (£4,453/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile79th 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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