7 Cornflower Drive

    7, CORNFLOWER DRIVE, CHELMSFORD, CM1 6XY

    This detached freehold property on Cornflower Drive last sold in November 2016 for £310,000. Based on price growth in the CM1 district since then, its estimated current value is £367,791 — placing it in the 62nd percentile nationally and the 38th percentile within CM1. The property covers 67 m² (721 sq ft), giving an estimated value of £5,489 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £310,000

    Nov 2016

    Estimated Valuation

    £367,791

    Est. £/sq ft

    £510/sq ft

    £5,489/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateSept 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Nov 2016

    £310,000

    2 Sept 2005

    £182,000

    22 May 2000

    £98,000

    22 Jan 1998

    £74,000

    Key Metrics

    Estimated valuation£367,791
    Value per sq ft / m²£510/sq ft (£5,489/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile38th percentile
    National percentile62nd 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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