340 Linnet Drive

    340, LINNET DRIVE, CHELMSFORD, CM2 8AL

    This terraced freehold property on Linnet Drive last sold in August 2017 for £273,500. Based on price growth in the CM2 district since then, its estimated current value is £325,151 — placing it in the 54th percentile nationally and the 29th percentile within CM2. The property covers 117 m² (1,259 sq ft), giving an estimated value of £2,779 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £273,500

    Aug 2017

    Estimated Valuation

    £325,151

    Est. £/sq ft

    £258/sq ft

    £2,779/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,259 sq ft (117 m²)
    EPC dateJun 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Aug 2017

    £273,500

    Key Metrics

    Estimated valuation£325,151
    Value per sq ft / m²£258/sq ft (£2,779/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile29th percentile
    National percentile54th 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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