370 Springfield Road

    370, SPRINGFIELD ROAD, CHELMSFORD, CM2 6AT

    This flat/maisonette leasehold property on Springfield Road last sold in January 2020 for £245,000. Based on price growth in the CM2 district since then, its estimated current value is £233,968 — placing it in the 33rd percentile nationally and the 16th percentile within CM2. The property covers 54 m² (581 sq ft), giving an estimated value of £4,333 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £245,000

    Jan 2020

    Estimated Valuation

    £233,968

    Est. £/sq ft

    £403/sq ft

    £4,333/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateNov 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jan 2020

    £245,000

    28 Sept 2017

    £220,000

    27 Feb 2004

    New build

    £150,000

    Key Metrics

    Estimated valuation£233,968
    Value per sq ft / m²£403/sq ft (£4,333/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile16th percentile
    National percentile33rd percentile

    District Context — CM2

    CM2 covers Chelmsford and its surrounding villages in Essex, situated north-east of London. It is a well-established suburban and commuter area with a mix of family homes, modern developments, and countryside appeal.

    Average Property Price - CM2

    £402,507

    67

    National percentile

    Average Net Household Income - CM2

    £33,933

    25

    National percentile

    10-Year Annualised Price Growth - CM2

    3.2%

    35

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM2

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