38 Alder Drive

    38, ALDER DRIVE, CHELMSFORD, CM2 9EY

    This semi-detached freehold property on Alder Drive last sold in August 2023 for £402,500. Based on price growth in the CM2 district since then, its estimated current value is £409,182 — placing it in the 69th percentile nationally and the 53rd percentile within CM2. The property covers 81 m² (872 sq ft), giving an estimated value of £5,052 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £402,500

    Aug 2023

    Estimated Valuation

    £409,182

    Est. £/sq ft

    £469/sq ft

    £5,052/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateJun 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Aug 2023

    £402,500

    Key Metrics

    Estimated valuation£409,182
    Value per sq ft / m²£469/sq ft (£5,052/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile53rd percentile
    National percentile69th 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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