12 Redmayne Drive

    12, REDMAYNE DRIVE, CHELMSFORD, CM2 9AG

    This terraced freehold property on Redmayne Drive last sold in October 2021 for £470,000. Based on price growth in the CM2 district since then, its estimated current value is £520,728 — placing it in the 81st percentile nationally and the 76th percentile within CM2. The property covers 83 m² (893 sq ft), giving an estimated value of £6,274 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £470,000

    Oct 2021

    Estimated Valuation

    £520,728

    Est. £/sq ft

    £583/sq ft

    £6,274/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateJul 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Oct 2021

    £470,000

    25 Jun 2004

    £231,000

    29 Oct 1996

    £86,000

    Key Metrics

    Estimated valuation£520,728
    Value per sq ft / m²£583/sq ft (£6,274/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile76th percentile
    National percentile81st 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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