242 Springfield Road

    242, SPRINGFIELD ROAD, CHELMSFORD, CM2 6BS

    This detached freehold property on Springfield Road last sold in August 2017 for £1,075,000. Based on price growth in the CM2 district since then, its estimated current value is £1,192,467 — placing it in the 97th percentile nationally and the 99th percentile within CM2. The property covers 196 m² (2,110 sq ft), giving an estimated value of £6,084 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,110 sq ft

    196 m²

    Last Sale Price

    £1,075,000

    Aug 2017

    Estimated Valuation

    £1,192,467

    Est. £/sq ft

    £565/sq ft

    £6,084/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,110 sq ft (196 m²)
    EPC dateJun 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Aug 2017

    £1,075,000

    11 Nov 2011

    £500,000

    22 Aug 2006

    £411,000

    6 Sept 2001

    £300,000

    Key Metrics

    Estimated valuation£1,192,467
    Value per sq ft / m²£565/sq ft (£6,084/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile99th percentile
    National percentile97th 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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