176 Redmayne Drive

    176, REDMAYNE DRIVE, CHELMSFORD, CM2 9XE

    This flat/maisonette leasehold property on Redmayne Drive last sold in February 2025 for £155,000. Based on price growth in the CM2 district since then, its estimated current value is £155,000 — placing it in the 14th percentile nationally and the 4th percentile within CM2. The property covers 36 m² (388 sq ft), giving an estimated value of £4,306 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

    £155,000

    Feb 2025

    Estimated Valuation

    £155,000

    Est. £/sq ft

    £400/sq ft

    £4,306/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 dateJul 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    21 Feb 2025

    £155,000

    Key Metrics

    Estimated valuation£155,000
    Value per sq ft / m²£400/sq ft (£4,306/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile4th percentile
    National percentile14th 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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