386 Springfield Road

    386, SPRINGFIELD ROAD, CHELMSFORD, CM2 6AT

    This flat/maisonette leasehold property on Springfield Road last sold in July 2019 for £223,000. Based on price growth in the CM2 district since then, its estimated current value is £207,904 — placing it in the 26th percentile nationally and the 12th percentile within CM2. The property covers 56 m² (603 sq ft), giving an estimated value of £3,713 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £223,000

    Jul 2019

    Estimated Valuation

    £207,904

    Est. £/sq ft

    £345/sq ft

    £3,713/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateJan 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jul 2019

    £223,000

    12 Jun 2014

    £173,000

    29 May 2007

    £164,995

    25 Mar 2004

    New build

    £154,950

    Key Metrics

    Estimated valuation£207,904
    Value per sq ft / m²£345/sq ft (£3,713/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile12th percentile
    National percentile26th 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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