48 Montfort Drive

    48, MONTFORT DRIVE, CHELMSFORD, CM2 9FN

    This flat/maisonette leasehold property on Montfort Drive last sold in December 2023 for £255,000. Based on price growth in the CM2 district since then, its estimated current value is £253,304 — placing it in the 38th percentile nationally and the 19th percentile within CM2. The property covers 55 m² (592 sq ft), giving an estimated value of £4,606 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £255,000

    Dec 2023

    Estimated Valuation

    £253,304

    Est. £/sq ft

    £428/sq ft

    £4,606/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateJun 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2023

    £255,000

    23 Mar 2018

    £242,500

    28 Oct 2011

    New build

    £180,000

    Key Metrics

    Estimated valuation£253,304
    Value per sq ft / m²£428/sq ft (£4,606/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile19th percentile
    National percentile38th 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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