56 Alder Drive

    56, ALDER DRIVE, CHELMSFORD, CM2 9EZ

    This semi-detached freehold property on Alder Drive last sold in September 2011 for £220,000. Based on price growth in the CM2 district since then, its estimated current value is £415,944 — placing it in the 70th percentile nationally and the 55th percentile within CM2. The property covers 83 m² (893 sq ft), giving an estimated value of £5,011 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £220,000

    Sept 2011

    Estimated Valuation

    £415,944

    Est. £/sq ft

    £466/sq ft

    £5,011/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateJul 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Sept 2011

    £220,000

    1 May 1995

    £63,500

    Key Metrics

    Estimated valuation£415,944
    Value per sq ft / m²£466/sq ft (£5,011/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile55th percentile
    National percentile70th 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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