40 Laburnum Drive

    40, LABURNUM DRIVE, CHELMSFORD, CM2 9NX

    This terraced freehold property on Laburnum Drive last sold in August 2022 for £407,500. Based on price growth in the CM2 district since then, its estimated current value is £406,233 — placing it in the 68th percentile nationally and the 52nd percentile within CM2. The property covers 69 m² (743 sq ft), giving an estimated value of £5,887 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £407,500

    Aug 2022

    Estimated Valuation

    £406,233

    Est. £/sq ft

    £547/sq ft

    £5,887/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateMar 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Aug 2022

    £407,500

    Key Metrics

    Estimated valuation£406,233
    Value per sq ft / m²£547/sq ft (£5,887/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile52nd percentile
    National percentile68th 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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