Springfield Basin - CM2 6YQ
Key Street Insights
Springfield Basin is a residential street with 19 addresses.
It ranks as the 256th largest and 70th most expensive of the 649 streets in the CM2 area. The most common property type is a modern flat built after 1980.
The street contains a total of 19 properties: 17 flats and 2 other properties.
- Ave. Sale Price
- £228,778
- 10 Year change
- up 3.9%
- Ave. Rental Price
- £1,231pcm
- 10 Year change
- up 37.3%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Street Insights
Springfield Basin is a residential street with 19 addresses.
It ranks as the 256th largest and 70th most expensive of the 649 streets in the CM2 area. The most common property type is a modern flat built after 1980.
The street contains a total of 19 properties: 17 flats and 2 other properties.
- Ave. Sale Price
- £228,778
- 10 Year change
- up 3.9%
- Ave. Rental Price
- £1,231pcm
- 10 Year change
- up 37.3%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Properties on Springfield Basin, Chelmsford, CM2
- Canal Mooring
Building | 4 Flats
- The Barge
Flat
- 3 Springfield Basin
2 Bed Modern Flat
- 4 Springfield Basin
2 Bed Modern Flat
Sales Market Trends
The last sale on Springfield Basin sold for £245,000 on 25th August 2023. Since then prices are down an average of 3.5%.
The current average value in the street is £228,778.
The Springfield Basin Sales Market has increased by 3.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.3% | £228,778 |
| July 2025 | -1.2% | £234,204 |
| July 2024 | -0.4% | £236,955 |
| July 2023 | -2.3% | £237,907 |
| July 2022 | 6.4% | £243,473 |
| July 2021 | 1.5% | £228,753 |
| July 2020 | 0.7% | £225,270 |
| July 2019 | -0.3% | £223,617 |
| July 2018 | -0.5% | £224,313 |
| July 2017 | 2.3% | £225,399 |
| July 2016 | 11.2% | £220,248 |
| July 2015 | 10.3% | £198,151 |
| July 2014 | 9.5% | £179,614 |
| July 2013 | 1.8% | £164,059 |
| July 2012 | 0.6% | £161,197 |
| July 2011 | -1.7% | £160,263 |
| July 2010 | 5.8% | £163,105 |
| July 2009 | -9.9% | £154,131 |
| July 2008 | -4.1% | £171,005 |
| July 2007 | 0% | £178,360 |
Rental Market Trends
The current average rental value in the street is £1,231.
The Springfield Basin Rental Market has increased by 37.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.9% | £1,231pcm |
| July 2025 | 2.3% | £1,197pcm |
| July 2024 | 8.3% | £1,170pcm |
| July 2023 | 10.1% | £1,080pcm |
| July 2022 | 5.1% | £981pcm |
| July 2021 | 2.2% | £933pcm |
| July 2020 | 0.8% | £913pcm |
| July 2019 | 1.2% | £905pcm |
| July 2018 | -0.4% | £894pcm |
| July 2017 | 0.2% | £898pcm |
| July 2016 | 3.1% | £896pcm |
| July 2015 | 4.7% | £869pcm |
| July 2014 | 3.3% | £830pcm |
| July 2013 | 2% | £803pcm |
| July 2012 | 1% | £788pcm |
| July 2011 | 1.9% | £780pcm |
| July 2010 | 4.7% | £765pcm |
| July 2009 | -8% | £731pcm |
| July 2008 | 2.4% | £794pcm |
| July 2007 | 0% | £776pcm |
Sales History
The last recorded sale was on 25th August 2023 for £245,000 and since then the market in the area has decreased by 3.5%.
Springfield Basin, Chelmsford, CM2 has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Aug 2023£245,000 | 2 Bed Flat6, Springfield Basin, Chelmsford, CM2 6YQ6, Springfield Basin, Chelmsford, CM2 6YQ
- Sold Mar 2023£250,000 | 2 Bed Flat14, Springfield Basin, Chelmsford, CM2 6YQ14, Springfield Basin, Chelmsford, CM2 6YQ
- Sold Jun 2021£235,000 | 2 Bed Flat15, Springfield Basin, Chelmsford, CM2 6YQ15, Springfield Basin, Chelmsford, CM2 6YQ
Top 3 Most Expensive Sales
- Sold Mar 2023£250,000 | 2 Bed Flat14, Springfield Basin, Chelmsford, CM2 6YQ14, Springfield Basin, Chelmsford, CM2 6YQ
- Sold Aug 2023£245,000 | 2 Bed Flat6, Springfield Basin, Chelmsford, CM2 6YQ6, Springfield Basin, Chelmsford, CM2 6YQ
- Sold Mar 2018£240,000 | 2 Bed Flat15, Springfield Basin, Chelmsford, CM2 6YQ15, Springfield Basin, Chelmsford, CM2 6YQ
Nearby Streets
Springfield Basin, Chelmsford, CM2 is the 256th largest and the 70th most expensive street in the CM2 area.
- Coates Quay, Chelmsford, CM242 Addresses|47 m away
- Navigation Yard, Chelmsford, CM28 Addresses|89 m away
- Cressy Quay, Chelmsford, CM248 Addresses|102 m away
- Sandringham Place, Chelmsford, CM248 Addresses|177 m away
- Annonay Walk, Chelmsford, CM22 Addresses|206 m away
- Boswells Drive, Chelmsford, CM231 Addresses|218 m away
Property Types
- 17 modern flats built after 1980
- 2 other addresses of unknown type
- modern flat (17)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 13 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (12)
- G (0)
- D (1)
- No EPC (6)
Schools Nearby
- Trinity Road Primary School500 m away
- The Cathedral Church of England Voluntary Aided Primary School, Chelmsford500 m away
- Our Lady Immaculate Catholic Primary School1.0 km away
- King Edward VI Grammar School, Chelmsford1.3 km away
- Chelmsford County High School for Girls1.5 km away
- Moulsham High School1.7 km away
More reading links
Public Transport Nearby
The closest station to Springfield Basin, Chelmsford, CM2 - CM2 6YQ is Chelmsford station, which is 900 metres away.
- Chelmsford|900 m away
- Beaulieu Park|3.9 km away
- Hatfield Peverel|9.3 km away
