33 Wear Drive

    33, WEAR DRIVE, CHELMSFORD, CM1 7PT

    This flat/maisonette leasehold property on Wear Drive last sold in July 2019 for £195,000. Based on price growth in the CM1 district since then, its estimated current value is £193,745 — placing it in the 23rd percentile nationally and the 8th percentile within CM1. The property covers 54 m² (581 sq ft), giving an estimated value of £3,588 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £195,000

    Jul 2019

    Estimated Valuation

    £193,745

    Est. £/sq ft

    £333/sq ft

    £3,588/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateApr 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    2 Jul 2019

    £195,000

    3 Jan 2014

    £100,000

    Key Metrics

    Estimated valuation£193,745
    Value per sq ft / m²£333/sq ft (£3,588/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile8th percentile
    National percentile23rd 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

    More properties in CM1

    Streets in CM1

    Explore nearby