38 Redmayne Drive

    38, REDMAYNE DRIVE, CHELMSFORD, CM2 9AG

    This flat/maisonette leasehold property on Redmayne Drive last sold in April 2015 for £130,000. Based on price growth in the CM2 district since then, its estimated current value is £152,621 — placing it in the 13th percentile nationally and the 3rd percentile within CM2. The property covers 41 m² (441 sq ft), giving an estimated value of £3,722 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £130,000

    Apr 2015

    Estimated Valuation

    £152,621

    Est. £/sq ft

    £346/sq ft

    £3,722/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateFeb 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Apr 2015

    £130,000

    21 Nov 2003

    £108,000

    3 Oct 1997

    £41,000

    22 Jul 1996

    £36,000

    Key Metrics

    Estimated valuation£152,621
    Value per sq ft / m²£346/sq ft (£3,722/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile3rd percentile
    National percentile13th 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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