112, Waveney Drive
112, Waveney Drive
Description & Estimates
112, Waveney Drive, Chelmsford is described in the public record as a mid-century apartment with 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 112, Waveney Drive, Chelmsford is £217,375 and its rental estimate is £1,222 per month, given the available information and assuming reasonable condition.
Waveney Drive, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
112, Waveney Drive, Chelmsford has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 112, Waveney Drive, Chelmsford, we estimate a market value of £228,244 and a rental value of £1,283 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £202,159 and £1,137 per month respectively.
Recent Market Change
Over the last year, 112, Waveney Drive, Chelmsford has seen its estimated sale value move down by £3,099 (1.4%) and its estimated rental value increase by £36 per month (2.9%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
112, Waveney Drive, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 112, Waveney Drive, Chelmsford completed on 1st July 2005 at £124,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Jul 2005£124,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 112, Waveney Drive, Chelmsford have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2024, was 26, Tamar Rise, Chelmsford, CM1 7QN, a leasehold flat which sold for £225,000.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 202 addresses on Waveney Drive, Chelmsford, CM1, 112, Waveney Drive, Chelmsford comes out as the 176th largest and the 179th most expensive in our analysis of the public data.
It is also £197k less expensive than the average property across the CM1 district.
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Schools Nearby
- 400mPerryfields Infant School
- 400mPerryfields Junior School
- 800mThe Tyrrells School
- 600mThe Boswells School
- 1.3kmChelmsford County High School for Girls
- 1.3kmSt John Payne Catholic School, Chelmsford
More reading links
Public Transport Nearby
From 112, Waveney Drive, Chelmsford, the nearest station is Chelmsford, 1.9 kilometres away.
- 1.9kmChelmsford
- 2.7kmBeaulieu Park
- 8.3kmHatfield Peverel
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
