87 Redmayne Drive, Chelmsford, CM2 9XG is a leasehold flat built between 1983-1990. The property offers approximately 398 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 £92,911 , which equates to approximately £233 per square foot. It was last sold on 28 Jul 2017 for £85,000. Since then, the value has increased by £7,911, representing a 9.3% increase, or approximately 1.1% per year.

The current estimated value of £92,911 is:

  • 66.4% lower than the average property price on Redmayne Drive
  • 53.1% lower than the average in the CM2 9XG postcode area
  • and 79.3% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 22 February 2013, the property was recorded as owner-occupied.

View sold house prices in CM2 9XG

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£92,911
Price Per sq ft (estimate)
£233
Bedroom Count (estimate)
1 bedroom

EPC Summary

87 Redmayne Drive, Chelmsford, Essex, CM2 9XG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Nov 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.

The previous EPC assessment was conducted on 22 Feb 2013. The rating of D remains the same, but the energy efficiency score improved by 3.1%.

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 hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
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 all fixed outlets
Very Good

Compared to CM2 9XG

29 th / 31
Price Rank
53% lower than average
21 st / 29
Size Rank
21% smaller than average
25 th / 29
Price Per Sq FT Rank
40% lower than average

Compared to other properties in CM2 9XG , this flat's estimated value ranks 29th out of 31. Based on price per square foot, it ranks 25th out of 29 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 21th out of 29 properties in its postcode area.

Sale History

Today
£92,911
streetscan.co.uk estimate
+9 %
28 Jul 2017
£85,000
Leasehold
+54.5 %
31 Jan 2014
£55,000
Leasehold
-4.3 %
29 Jul 2005
£57,500
Leasehold
+76.9 %
8 Nov 2000
£32,500
Leasehold
+32.7 %
30 Jun 1998
£24,500
Leasehold

Area Insights

Similar Properties Sold Nearby

61 Redmayne Drive, Chelmsford, CM2 9XG
rooms: 3
size: 452 sq ft
sale price: £200,000
sale date: 30 Nov 2022
47 Redmayne Drive, Chelmsford, CM2 9XG
rooms: 2
size: 366 sq ft
sale price: £155,000
sale date: 21 Oct 2021
75 Redmayne Drive, Chelmsford, CM2 9XG
rooms: 2
size: 388 sq ft
sale price: £132,000
sale date: 13 Mar 2015
51 Redmayne Drive, Chelmsford, CM2 9XG
rooms: 2
size: 398 sq ft
sale price: £117,600
sale date: 3 Dec 2013
99 Redmayne Drive, Chelmsford, CM2 9XG
rooms: 2
size: 377 sq ft
sale price: £102,000
sale date: 13 Sep 2013

Data Sources

The property at 87 Redmayne Drive, Chelmsford, CM2 9XG appears five times in the Land Registry records, with the latest transaction recorded on 28 Jul 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Nov 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.
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