116 Falmouth Road

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

    This detached freehold property on Falmouth Road last sold in December 2019 for £536,000. Based on price growth in the CM1 district since then, its estimated current value is £606,690 — placing it in the 86th percentile nationally and the 82nd percentile within CM1. The property covers 110 m² (1,184 sq ft), giving an estimated value of £5,515 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £536,000

    Dec 2019

    Estimated Valuation

    £606,690

    Est. £/sq ft

    £512/sq ft

    £5,515/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,184 sq ft (110 m²)
    EPC dateJun 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2019

    £536,000

    22 Aug 2014

    £395,000

    Key Metrics

    Estimated valuation£606,690
    Value per sq ft / m²£512/sq ft (£5,515/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile82nd percentile
    National percentile86th 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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