371b Springfield Road

    371B, SPRINGFIELD ROAD, CHELMSFORD, CM2 6AW

    This flat/maisonette leasehold property on Springfield Road last sold in January 2016 for £222,500. Based on price growth in the CM2 district since then, its estimated current value is £229,955 — placing it in the 32nd percentile nationally and the 15th percentile within CM2. The property covers 64 m² (689 sq ft), giving an estimated value of £3,593 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £222,500

    Jan 2016

    Estimated Valuation

    £229,955

    Est. £/sq ft

    £334/sq ft

    £3,593/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateSept 2022
    WallsTimber frame, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    22 Jan 2016

    £222,500

    18 Sept 2009

    £177,000

    6 Jun 2008

    New build

    £184,500

    Key Metrics

    Estimated valuation£229,955
    Value per sq ft / m²£334/sq ft (£3,593/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile15th percentile
    National percentile32nd 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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