112 Forest Drive

    112, FOREST DRIVE, CHELMSFORD, CM1 2TT

    This terraced freehold property on Forest Drive last sold in March 2024 for £320,000. Based on price growth in the CM1 district since then, its estimated current value is £335,182 — placing it in the 56th percentile nationally and the 29th percentile within CM1. The property covers 83 m² (893 sq ft), giving an estimated value of £4,038 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £320,000

    Mar 2024

    Estimated Valuation

    £335,182

    Est. £/sq ft

    £375/sq ft

    £4,038/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateFeb 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Mar 2024

    £320,000

    29 Jul 2011

    £168,000

    26 Feb 2001

    £85,000

    Key Metrics

    Estimated valuation£335,182
    Value per sq ft / m²£375/sq ft (£4,038/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile29th percentile
    National percentile56th 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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