198 Redmayne Drive, Chelmsford, CM2 9XE is a leasehold flat built between 1991-1995. The property offers approximately 398 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £224,872 , which equates to approximately £565 per square foot. It was last sold on 14 Apr 2000 for £63,000. Since then, the value has increased by £161,872, representing a 256.9% increase, or approximately 10.0% per year.

The current estimated value of £224,872 is:

  • 19.0% lower than the average property price on Redmayne Drive
  • 0.4% higher than the average in the CM2 9XE postcode area
  • and 48.4% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 28 November 2018, the property was recorded as owner-occupied.

View sold house prices in CM2 9XE

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
398 sq ft
Tenure
Leasehold
Price (estimate)
£224,872
Price Per sq ft (estimate)
£565
Bedroom Count (estimate)
1 bedroom

EPC Summary

198 Redmayne Drive, Chelmsford, Essex, CM2 9XE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Nov 2018.

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 30 Sep 2008, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 4.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The windows were upgraded from partial secondary glazing to fully double glazed.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM2 9XE

26 th / 47
Price Rank
0% same as average
28 th / 41
Size Rank
24% smaller than average
9 th / 41
Price Per Sq FT Rank
32% higher than average

Compared to other properties in CM2 9XE , this flat's estimated value ranks 26th out of 47. Based on price per square foot, it ranks 9th out of 41 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 28th out of 41 properties in its postcode area.

Sale History

Today
£224,872
streetscan.co.uk estimate
+257 %
14 Apr 2000
£63,000
Leasehold
+152 %
26 Oct 1999
£25,000
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 198 Redmayne Drive, Chelmsford, CM2 9XE appears two times in the Land Registry records, with the latest transaction recorded on 14 Apr 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Nov 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.