156 Redmayne Drive

    156, REDMAYNE DRIVE, CHELMSFORD, CM2 9XE

    This flat/maisonette leasehold property on Redmayne Drive last sold in May 2023 for £145,000. Based on price growth in the CM2 district since then, its estimated current value is £144,036 — placing it in the 11th percentile nationally and the 3rd percentile within CM2. The property covers 38 m² (409 sq ft), giving an estimated value of £3,790 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £145,000

    May 2023

    Estimated Valuation

    £144,036

    Est. £/sq ft

    £352/sq ft

    £3,790/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area409 sq ft (38 m²)
    EPC dateApr 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    3 May 2023

    £145,000

    21 Feb 2014

    £117,000

    28 Oct 2011

    £108,000

    9 Aug 2004

    £118,000

    20 Sept 1996

    £35,000

    Key Metrics

    Estimated valuation£144,036
    Value per sq ft / m²£352/sq ft (£3,790/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile3rd percentile
    National percentile11th 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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