8 Drood Close

    8, DROOD CLOSE, CHELMSFORD, CM1 4XX

    This semi-detached freehold property on Drood Close last sold in September 2015 for £325,000. Based on price growth in the CM1 district since then, its estimated current value is £478,823 — placing it in the 77th percentile nationally and the 65th percentile within CM1. The property covers 113 m² (1,216 sq ft), giving an estimated value of £4,237 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,216 sq ft

    113 m²

    Last Sale Price

    £325,000

    Sept 2015

    Estimated Valuation

    £478,823

    Est. £/sq ft

    £394/sq ft

    £4,237/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,216 sq ft (113 m²)
    EPC dateMar 2015
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Sept 2015

    £325,000

    Key Metrics

    Estimated valuation£478,823
    Value per sq ft / m²£394/sq ft (£4,237/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile65th percentile
    National percentile77th 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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