23 Drood Close

    23, DROOD CLOSE, CHELMSFORD, CM1 4XX

    This flat/maisonette leasehold property on Drood Close last sold in April 2012 for £123,500. Based on price growth in the CM1 district since then, its estimated current value is £208,779 — placing it in the 27th percentile nationally and the 10th percentile within CM1. The property covers 54 m² (581 sq ft), giving an estimated value of £3,866 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £123,500

    Apr 2012

    Estimated Valuation

    £208,779

    Est. £/sq ft

    £359/sq ft

    £3,866/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateAug 2020
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    5 Apr 2012

    £123,500

    Key Metrics

    Estimated valuation£208,779
    Value per sq ft / m²£359/sq ft (£3,866/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile10th percentile
    National percentile27th 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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