31 Drood Close

    31, DROOD CLOSE, CHELMSFORD, CM1 4XX

    This flat/maisonette leasehold property on Drood Close last sold in October 2013 for £135,000. Based on price growth in the CM1 district since then, its estimated current value is £217,169 — placing it in the 29th percentile nationally and the 11th percentile within CM1. The property covers 58 m² (624 sq ft), giving an estimated value of £3,744 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £135,000

    Oct 2013

    Estimated Valuation

    £217,169

    Est. £/sq ft

    £348/sq ft

    £3,744/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateDec 2023
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Oct 2013

    £135,000

    20 Oct 2006

    £124,000

    5 Jan 2001

    £68,000

    Key Metrics

    Estimated valuation£217,169
    Value per sq ft / m²£348/sq ft (£3,744/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile11th percentile
    National percentile29th 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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