40 Redmayne Drive, Chelmsford, CM2 9AG is a leasehold flat built between 1983-1990. The property offers approximately 431 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 £178,597 , which equates to approximately £415 per square foot. It was last sold on 5 Sep 2014 for £125,000. Since then, the value has increased by £53,597, representing a 42.9% increase, or approximately 3.8% per year.

The current estimated value of £178,597 is:

  • 35.7% lower than the average property price on Redmayne Drive
  • 43.0% lower than the average in the CM2 9AG postcode area
  • and 59.0% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 12 May 2014, the property was recorded as owner-occupied.

View sold house prices in CM2 9AG

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£178,597
Price Per sq ft (estimate)
£415
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Redmayne Drive, Chelmsford, Essex, CM2 9AG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 May 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows have some double glazing.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Some double glazing
Very Poor
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to CM2 9AG

34 th / 47
Price Rank
43% lower than average
27 th / 38
Size Rank
36% smaller than average
22 nd / 38
Price Per Sq FT Rank
11% lower than average

Compared to other properties in CM2 9AG , this flat's estimated value ranks 34th out of 47. Based on price per square foot, it ranks 22th out of 38 properties. In terms of size, this home ranks 27th out of 38 properties in its postcode area.

Sale History

Today
£178,597
streetscan.co.uk estimate
+43 %
5 Sep 2014
£125,000
Leasehold
+16.3 %
17 Oct 2003
£107,500
Leasehold
+108.7 %
22 Jul 1999
£51,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 398 sq ft
sale price: £174,000
sale date: 31 Oct 2023
rooms: 2
size: 377 sq ft
sale price: £141,000
sale date: 9 Dec 2020
rooms: 2
size: 441 sq ft
sale price: £160,000
sale date: 15 Oct 2018
rooms: 2
size: 388 sq ft
sale price: £149,500
sale date: 8 Aug 2018
rooms: 2
size: 441 sq ft
sale price: £130,000
sale date: 1 Apr 2015

Data Sources

The property at 40 Redmayne Drive, Chelmsford, CM2 9AG appears three times in the Land Registry records, with the latest transaction recorded on 5 Sep 2014. It also has a single Energy Performance Certificate (EPC) from 12 May 2014. 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.