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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 120, Redmayne Drive, Chelmsford is £335,834 and the estimated rental value is £1,424 per month.
Redmayne Drive, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
120, Redmayne Drive, Chelmsford has 2 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated March 2011.
We combine this information with that 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 120, Redmayne Drive, Chelmsford is in very good condition we estimate a sale value of £352,626 and a rental value of £1,495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,326 and a rental value of £1,324 per month.
Over the last 12 months the sale value of 120 Redmayne Drive Chelmsford has decreased by an estimated £3,296 (1.0%) and its rental value has increased by an estimated £48 per month (3.4%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 120, Redmayne Drive, Chelmsford sits on a plot of 209m2.
We have plot size data on 12 out of 15 other houses in the postcode and 120, Redmayne Drive, Chelmsford sits on the 4th largest plot.
120, Redmayne Drive, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Mar 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 120, Redmayne Drive, Chelmsford was last sold on 27th November 2020 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2020, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 120, Redmayne Drive, Chelmsford within a radius of 570 metres over the last 2 years.
The most recent example is 82, Redmayne Drive, Chelmsford, CM2 9AG, a freehold house which sold for £353,000 on the 26th October 2022.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redmayne Drive, Chelmsford, CM2 has a total of 163 addresses. According to our analysis of all the public data, 120, Redmayne Drive, Chelmsford is the 54th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in CM2.
The closest station to 120, Redmayne Drive, Chelmsford is Chelmsford station which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 120, Redmayne Drive, Chelmsford, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 120, Redmayne Drive, Chelmsford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 120, Redmayne Drive, Chelmsford, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 120, Redmayne Drive, Chelmsford, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.