216 Redmayne Drive, Chelmsford, CM2 9XE is a leasehold flat built between 1991-1995. The property offers approximately 377 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £172,853 , which equates to approximately £459 per square foot. It was last sold on 2 Feb 2017 for £152,000. Since then, the value has increased by £20,853, representing a 13.7% increase, or approximately 1.5% per year.

The current estimated value of £172,853 is:

  • 37.7% lower than the average property price on Redmayne Drive
  • 22.8% lower than the average in the CM2 9XE postcode area
  • and 60.3% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 27 July 2016, 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
377 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£172,853
Price Per sq ft (estimate)
£459
Bedroom Count (estimate)
1 bedroom

EPC Summary

216 Redmayne Drive, Chelmsford, Essex, CM2 9XE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Jul 2016.

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.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to CM2 9XE

41 st / 47
Price Rank
23% lower than average
40 th / 41
Size Rank
28% smaller than average
28 th / 41
Price Per Sq FT Rank
7% higher than average

Compared to other properties in CM2 9XE , this flat's estimated value ranks 41th out of 47. Based on price per square foot, it ranks 28th out of 41 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 40th out of 41 properties in its postcode area.

Sale History

Today
£172,853
streetscan.co.uk estimate
+14 %
2 Feb 2017
£152,000
Leasehold
+126.9 %
29 Apr 2005
£67,000
Leasehold
+185.1 %
25 Sep 1998
£23,500
Leasehold
+11.9 %
30 Jun 1995
£21,000
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: 388 sq ft
sale price: £135,000
sale date: 3 Jul 2015

Data Sources

The property at 216 Redmayne Drive, Chelmsford, CM2 9XE appears four times in the Land Registry records, with the latest transaction recorded on 2 Feb 2017. It also has a single Energy Performance Certificate (EPC) from 27 Jul 2016. 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.