59 Cornflower Drive

    59, CORNFLOWER DRIVE, CHELMSFORD, CM1 6XZ

    This flat/maisonette leasehold property on Cornflower Drive last sold in May 2023 for £175,000. Based on price growth in the CM1 district since then, its estimated current value is £168,541 — placing it in the 17th percentile nationally and the 4th percentile within CM1. The property covers 51 m² (549 sq ft), giving an estimated value of £3,305 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £175,000

    May 2023

    Estimated Valuation

    £168,541

    Est. £/sq ft

    £307/sq ft

    £3,305/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area549 sq ft (51 m²)
    EPC dateAug 2014
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    22 May 2023

    £175,000

    28 Oct 2005

    £115,000

    11 Jul 2003

    £99,000

    Key Metrics

    Estimated valuation£168,541
    Value per sq ft / m²£307/sq ft (£3,305/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile4th percentile
    National percentile17th 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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