42 Parklands Drive

    42, PARKLANDS DRIVE, CHELMSFORD, CM1 7SP

    This terraced freehold property on Parklands Drive last sold in February 2017 for £375,000. Based on price growth in the CM1 district since then, its estimated current value is £444,606 — placing it in the 73rd percentile nationally and the 58th percentile within CM1. The property covers 119 m² (1,281 sq ft), giving an estimated value of £3,736 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £375,000

    Feb 2017

    Estimated Valuation

    £444,606

    Est. £/sq ft

    £347/sq ft

    £3,736/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,281 sq ft (119 m²)
    EPC dateMay 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Feb 2017

    £375,000

    10 Jun 2005

    £215,000

    Key Metrics

    Estimated valuation£444,606
    Value per sq ft / m²£347/sq ft (£3,736/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile58th percentile
    National percentile73rd 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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