253 Springfield Road

    253, SPRINGFIELD ROAD, CHELMSFORD, CM1 7RA

    This terraced freehold property on Springfield Road last sold in July 2015 for £250,000. Based on price growth in the CM1 district since then, its estimated current value is £339,283 — placing it in the 57th percentile nationally and the 30th percentile within CM1. The property covers 78 m² (840 sq ft), giving an estimated value of £4,350 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £250,000

    Jul 2015

    Estimated Valuation

    £339,283

    Est. £/sq ft

    £404/sq ft

    £4,350/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateNov 2024
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    24 Jul 2015

    £250,000

    17 May 2004

    £165,000

    7 Sept 1998

    £65,500

    Key Metrics

    Estimated valuation£339,283
    Value per sq ft / m²£404/sq ft (£4,350/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile30th percentile
    National percentile57th 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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