40 Cypress Drive

    40, CYPRESS DRIVE, CHELMSFORD, CM2 9LU

    This semi-detached freehold property on Cypress Drive last sold in November 2016 for £350,000. Based on price growth in the CM2 district since then, its estimated current value is £437,535 — placing it in the 72nd percentile nationally and the 60th percentile within CM2. The property covers 102 m² (1,098 sq ft), giving an estimated value of £4,290 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,098 sq ft

    102 m²

    Last Sale Price

    £350,000

    Nov 2016

    Estimated Valuation

    £437,535

    Est. £/sq ft

    £399/sq ft

    £4,290/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,098 sq ft (102 m²)
    EPC dateSept 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Nov 2016

    £350,000

    29 May 1998

    £80,000

    26 Jun 1996

    £68,000

    Key Metrics

    Estimated valuation£437,535
    Value per sq ft / m²£399/sq ft (£4,290/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile60th percentile
    National percentile72nd 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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