16 The Drive, Chelmsford, CM1 4JS is a leasehold flat built between 1967-1975. The property offers approximately 646 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £212,400 , which equates to approximately £329 per square foot. It was last sold on 2 Aug 2001 for £72,000. Since then, the value has increased by £140,400, representing a 195.0% increase, or approximately 8.0% per year.

The current estimated value of £212,400 is:

  • 55.3% lower than the average property price on The Drive
  • 54.3% lower than the average in the CM1 4JS postcode area
  • and 51.3% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 8 January 2018, the property was recorded as owner-occupied.

View sold house prices in CM1 4JS

Building approximate location

About Property

Type
Detached Maisonette
Built
1967-1975
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£212,400
Price Per sq ft (estimate)
£329
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 The Drive, Chelmsford, Essex, CM1 4JS has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 8 Jan 2018.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have partial double glazing.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, limited insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Partial double glazing
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to CM1 4JS

18 th / 18
Price Rank
54% lower than average
12 th / 12
Size Rank
36% smaller than average
12 th / 12
Price Per Sq FT Rank
29% lower than average

Compared to other properties in CM1 4JS , this maisonette's estimated value ranks 18th out of 18. Based on price per square foot, it ranks 12th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 12 properties in its postcode area.

Sale History

Today
£212,400
streetscan.co.uk estimate
+195 %
2 Aug 2001
£72,000
Leasehold

Area Insights

Similar Properties Sold Nearby

20 The Drive, Chelmsford, CM1 4JS
rooms: 3
size: 667 sq ft
sale price: £236,000
sale date: 23 Apr 2018
18 The Drive, Chelmsford, CM1 4JS
rooms: 3
size: 678 sq ft
sale price: £148,000
sale date: 31 Oct 2012

Data Sources

The property at 16 The Drive, Chelmsford, Essex, CM1 4JS appears once in the Land Registry records, with the transaction recorded on 2 Aug 2001. It also has a single Energy Performance Certificate (EPC) from 8 Jan 2018. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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