62 Wear Drive

    62, WEAR DRIVE, CHELMSFORD, CM1 7PU

    This semi-detached freehold property on Wear Drive last sold in November 2013 for £200,000. Based on price growth in the CM1 district since then, its estimated current value is £348,843 — placing it in the 59th percentile nationally and the 33rd percentile within CM1. The property covers 106 m² (1,141 sq ft), giving an estimated value of £3,291 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £200,000

    Nov 2013

    Estimated Valuation

    £348,843

    Est. £/sq ft

    £306/sq ft

    £3,291/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,141 sq ft (106 m²)
    EPC dateSept 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Nov 2013

    £200,000

    18 Oct 2011

    £55,000

    28 Nov 2006

    £245,950

    26 Apr 2000

    £127,000

    15 Dec 1995

    £76,000

    Key Metrics

    Estimated valuation£348,843
    Value per sq ft / m²£306/sq ft (£3,291/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile33rd percentile
    National percentile59th 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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