74 Redmayne Drive

    74, REDMAYNE DRIVE, CHELMSFORD, CM2 9AG

    This terraced freehold property on Redmayne Drive last sold in September 2016 for £285,000. Based on price growth in the CM2 district since then, its estimated current value is £353,057 — placing it in the 60th percentile nationally and the 37th percentile within CM2. The property covers 62 m² (667 sq ft), giving an estimated value of £5,694 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £285,000

    Sept 2016

    Estimated Valuation

    £353,057

    Est. £/sq ft

    £529/sq ft

    £5,694/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateMay 2026
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Sept 2016

    £285,000

    11 Apr 2014

    £232,000

    27 May 2011

    £196,000

    20 Jun 2005

    £170,000

    27 Feb 1998

    £70,000

    Key Metrics

    Estimated valuation£353,057
    Value per sq ft / m²£529/sq ft (£5,694/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile37th percentile
    National percentile60th 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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