28 Cypress Drive

    28, CYPRESS DRIVE, CHELMSFORD, CM2 9LU

    This terraced freehold property on Cypress Drive last sold in February 2015 for £245,000. Based on price growth in the CM2 district since then, its estimated current value is £344,391 — placing it in the 58th percentile nationally and the 34th percentile within CM2. The property covers 89 m² (958 sq ft), giving an estimated value of £3,870 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £245,000

    Feb 2015

    Estimated Valuation

    £344,391

    Est. £/sq ft

    £360/sq ft

    £3,870/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateSept 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Feb 2015

    £245,000

    8 Apr 2009

    £174,950

    23 Sept 2002

    £129,950

    Key Metrics

    Estimated valuation£344,391
    Value per sq ft / m²£360/sq ft (£3,870/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile34th percentile
    National percentile58th 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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