40 Redmayne Drive

    40, REDMAYNE DRIVE, CHELMSFORD, CM2 9AG

    This flat/maisonette leasehold property on Redmayne Drive last sold in September 2014 for £125,000. Based on price growth in the CM2 district since then, its estimated current value is £163,374 — placing it in the 15th percentile nationally and the 4th percentile within CM2. The property covers 40 m² (431 sq ft), giving an estimated value of £4,084 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £125,000

    Sept 2014

    Estimated Valuation

    £163,374

    Est. £/sq ft

    £379/sq ft

    £4,084/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 area431 sq ft (40 m²)
    EPC dateMay 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Sept 2014

    £125,000

    17 Oct 2003

    £107,500

    22 Jul 1999

    £51,500

    Key Metrics

    Estimated valuation£163,374
    Value per sq ft / m²£379/sq ft (£4,084/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile4th percentile
    National percentile15th 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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