42 Fairway Drive

    42, FAIRWAY DRIVE, CHELMSFORD, CM3 3FH

    This detached freehold property on Fairway Drive last sold in November 2024 for £725,000. Based on price growth in the CM3 district since then, its estimated current value is £738,658 — placing it in the 91st percentile nationally and the 85th percentile within CM3. The property covers 184 m² (1,981 sq ft), giving an estimated value of £4,014 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,981 sq ft

    184 m²

    Last Sale Price

    £725,000

    Nov 2024

    Estimated Valuation

    £738,658

    Est. £/sq ft

    £373/sq ft

    £4,014/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area1,981 sq ft (184 m²)
    EPC dateFeb 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Nov 2024

    £725,000

    26 Feb 2018

    New build

    £600,000

    Key Metrics

    Estimated valuation£738,658
    Value per sq ft / m²£373/sq ft (£4,014/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM3 district percentile85th percentile
    National percentile91st percentile

    District Context — CM3

    CM3 covers parts of south Essex, situated between Chelmsford and the Thames estuary. The district blends suburban residential character with commuter appeal, offering a more settled demographic profile than many UK areas.

    Average Property Price - CM3

    £504,989

    80

    National percentile

    Average Net Household Income - CM3

    £46,516

    80

    National percentile

    10-Year Annualised Price Growth - CM3

    3.9%

    63

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM3

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