188 Redmayne Drive

    188, REDMAYNE DRIVE, CHELMSFORD, CM2 9XE

    This flat/maisonette leasehold property on Redmayne Drive last sold in November 2024 for £206,000. Based on price growth in the CM2 district since then, its estimated current value is £204,625 — placing it in the 26th percentile nationally and the 11th percentile within CM2. The property covers 53 m² (570 sq ft), giving an estimated value of £3,861 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £206,000

    Nov 2024

    Estimated Valuation

    £204,625

    Est. £/sq ft

    £359/sq ft

    £3,861/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area570 sq ft (53 m²)
    EPC dateFeb 2019
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    29 Nov 2024

    £206,000

    30 Aug 1996

    £45,000

    Key Metrics

    Estimated valuation£204,625
    Value per sq ft / m²£359/sq ft (£3,861/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile11th percentile
    National percentile26th 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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