355 Springfield Road

    355, SPRINGFIELD ROAD, CHELMSFORD, CM2 6AW

    This flat/maisonette leasehold property on Springfield Road last sold in May 2018 for £200,000. Based on price growth in the CM2 district since then, its estimated current value is £196,134 — placing it in the 23rd percentile nationally and the 10th percentile within CM2. The property covers 109 m² (1,173 sq ft), giving an estimated value of £1,799 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,173 sq ft

    109 m²

    Last Sale Price

    £200,000

    May 2018

    Estimated Valuation

    £196,134

    Est. £/sq ft

    £167/sq ft

    £1,799/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,173 sq ft (109 m²)
    EPC dateJun 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 May 2018

    £200,000

    3 Sept 2012

    £124,000

    5 Aug 2005

    £142,000

    2 Jul 2001

    £71,000

    Key Metrics

    Estimated valuation£196,134
    Value per sq ft / m²£167/sq ft (£1,799/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile10th percentile
    National percentile23rd 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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