7 Alder Drive

    7, ALDER DRIVE, CHELMSFORD, CM2 9EY

    This semi-detached freehold property on Alder Drive last sold in July 2020 for £350,000. Based on price growth in the CM2 district since then, its estimated current value is £390,019 — placing it in the 66th percentile nationally and the 48th percentile within CM2. The property covers 79 m² (850 sq ft), giving an estimated value of £4,937 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £350,000

    Jul 2020

    Estimated Valuation

    £390,019

    Est. £/sq ft

    £459/sq ft

    £4,937/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateNov 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jul 2020

    £350,000

    Key Metrics

    Estimated valuation£390,019
    Value per sq ft / m²£459/sq ft (£4,937/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile48th percentile
    National percentile66th 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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