194 Redmayne Drive, Chelmsford, CM2 9XE is a leasehold flat built between 1983-1990. The property offers approximately 398 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £192,003 , which equates to approximately £482 per square foot. It was last sold on 14 Jun 2007 for £134,000. Since then, the value has increased by £58,003, representing a 43.3% increase, or approximately 2.3% per year.

The current estimated value of £192,003 is:

  • 30.8% lower than the average property price on Redmayne Drive
  • 14.3% lower than the average in the CM2 9XE postcode area
  • and 55.9% lower than the average price for Chelmsford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 30 April 2022, the property was recorded as rented.

View sold house prices in CM2 9XE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£192,003
Price Per sq ft (estimate)
£482
Bedroom Count (estimate)
1 bedroom

EPC Summary

194 Redmayne Drive, Chelmsford, Essex, CM2 9XE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Apr 2022.

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

The previous EPC assessment was conducted on 7 Feb 2022, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 17.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, 75 mm loft insulation, improving energy efficiency from poor to average.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 60% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to CM2 9XE

28 th / 47
Price Rank
14% lower than average
29 th / 41
Size Rank
24% smaller than average
15 th / 41
Price Per Sq FT Rank
12% higher than average

Compared to other properties in CM2 9XE , this flat's estimated value ranks 28th out of 47. Based on price per square foot, it ranks 15th out of 41 properties. In terms of size, this home ranks 29th out of 41 properties in its postcode area.

Sale History

Today
£192,003
streetscan.co.uk estimate
+43 %
14 Jun 2007
£134,000
Leasehold
+34.7 %
24 Jan 2003
£99,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 409 sq ft
sale price: £145,000
sale date: 3 May 2023
rooms: 2
size: 388 sq ft
sale price: £175,000
sale date: 8 Jul 2022
rooms: 2
size: 398 sq ft
sale price: £150,000
sale date: 25 Feb 2022
rooms: 2
size: 377 sq ft
sale price: £160,000
sale date: 2 Nov 2018
rooms: 2
size: 377 sq ft
sale price: £152,000
sale date: 2 Feb 2017

Data Sources

The property at 194 Redmayne Drive, Chelmsford, CM2 9XE appears two times in the Land Registry records, with the latest transaction recorded on 14 Jun 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Apr 2022. 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.