56 Heath Drive

    56, HEATH DRIVE, CHELMSFORD, CM2 9HE

    This terraced freehold property on Heath Drive last sold in February 2019 for £287,500. Based on price growth in the CM2 district since then, its estimated current value is £352,595 — placing it in the 60th percentile nationally and the 37th percentile within CM2. The property covers 97 m² (1,044 sq ft), giving an estimated value of £3,635 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £287,500

    Feb 2019

    Estimated Valuation

    £352,595

    Est. £/sq ft

    £338/sq ft

    £3,635/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateOct 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Feb 2019

    £287,500

    Key Metrics

    Estimated valuation£352,595
    Value per sq ft / m²£338/sq ft (£3,635/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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