279 Springfield Road

    279, SPRINGFIELD ROAD, CHELMSFORD, CM1 7RB

    This terraced freehold property on Springfield Road last sold in November 2014 for £575,000. Based on price growth in the CM1 district since then, its estimated current value is £911,638 — placing it in the 95th percentile nationally and the 96th percentile within CM1. The property covers 212 m² (2,282 sq ft), giving an estimated value of £4,300 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,282 sq ft

    212 m²

    Last Sale Price

    £575,000

    Nov 2014

    Estimated Valuation

    £911,638

    Est. £/sq ft

    £399/sq ft

    £4,300/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area2,282 sq ft (212 m²)
    EPC dateApr 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Nov 2014

    £575,000

    5 Nov 2003

    £295,000

    31 May 1995

    £81,500

    Key Metrics

    Estimated valuation£911,638
    Value per sq ft / m²£399/sq ft (£4,300/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile96th percentile
    National percentile95th 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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