142 Redmayne Drive

    142, REDMAYNE DRIVE, CHELMSFORD, CM2 9XE

    This flat/maisonette leasehold property on Redmayne Drive last sold in July 2022 for £175,000. Based on price growth in the CM2 district since then, its estimated current value is £148,423 — placing it in the 12th percentile nationally and the 3rd percentile within CM2. The property covers 36 m² (388 sq ft), giving an estimated value of £4,123 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £175,000

    Jul 2022

    Estimated Valuation

    £148,423

    Est. £/sq ft

    £383/sq ft

    £4,123/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area388 sq ft (36 m²)
    EPC dateSept 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    8 Jul 2022

    £175,000

    2 Mar 2021

    £175,000

    1 Nov 2017

    £158,000

    2 Dec 2014

    £134,000

    6 Sept 2006

    £117,500

    16 Jul 1997

    £39,995

    16 Apr 1997

    £34,500

    Key Metrics

    Estimated valuation£148,423
    Value per sq ft / m²£383/sq ft (£4,123/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile3rd percentile
    National percentile12th 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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