35 Wear Drive

    35, WEAR DRIVE, CHELMSFORD, CM1 7PT

    This flat/maisonette leasehold property on Wear Drive last sold in May 2016 for £162,950. Based on price growth in the CM1 district since then, its estimated current value is £180,400 — placing it in the 19th percentile nationally and the 6th percentile within CM1. The property covers 58 m² (624 sq ft), giving an estimated value of £3,110 per m². The EPC rating is F, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £162,950

    May 2016

    Estimated Valuation

    £180,400

    Est. £/sq ft

    £289/sq ft

    £3,110/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateFeb 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    26 May 2016

    £162,950

    Key Metrics

    Estimated valuation£180,400
    Value per sq ft / m²£289/sq ft (£3,110/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile6th percentile
    National percentile19th 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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