214 Redmayne Drive

    214, REDMAYNE DRIVE, CHELMSFORD, CM2 9XE

    This flat/maisonette leasehold property on Redmayne Drive last sold in January 2023 for £112,500. Based on price growth in the CM2 district since then, its estimated current value is £111,752 — placing it in the 5th percentile nationally and the 1st percentile within CM2. The property covers 57 m² (614 sq ft), giving an estimated value of £1,961 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £112,500

    Jan 2023

    Estimated Valuation

    £111,752

    Est. £/sq ft

    £182/sq ft

    £1,961/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateJan 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    9 Jan 2023

    £112,500

    22 Nov 2019

    £90,000

    19 May 1998

    £33,000

    Key Metrics

    Estimated valuation£111,752
    Value per sq ft / m²£182/sq ft (£1,961/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile1st percentile
    National percentile5th 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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