124 Redmayne Drive

    124, REDMAYNE DRIVE, CHELMSFORD, CM2 9XE

    This terraced freehold property on Redmayne Drive last sold in April 2018 for £270,000. Based on price growth in the CM2 district since then, its estimated current value is £319,745 — placing it in the 53rd percentile nationally and the 27th percentile within CM2. The property covers 57 m² (614 sq ft), giving an estimated value of £5,610 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £270,000

    Apr 2018

    Estimated Valuation

    £319,745

    Est. £/sq ft

    £521/sq ft

    £5,610/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateAug 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    18 Apr 2018

    £270,000

    23 Oct 1997

    £71,000

    Key Metrics

    Estimated valuation£319,745
    Value per sq ft / m²£521/sq ft (£5,610/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile27th percentile
    National percentile53rd 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

    More properties in CM2

    Streets in CM2

    Explore nearby