2, Parkinson Drive
2, Parkinson Drive
Description & Estimates
Public records show 2, Parkinson Drive, Chelmsford to be a modern leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2, Parkinson Drive, Chelmsford has an estimated sale value of £208,627 and an estimated rental value of £1,189 per month, assuming reasonable condition and based on the information available.
Parkinson Drive, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
2, Parkinson Drive, Chelmsford has 2 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 2, Parkinson Drive, Chelmsford would be worth £219,058, with a potential rental value of £1,248 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £194,023, with a rental value of £1,106 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Parkinson Drive, Chelmsford has dropped by £2,974 (1.4%) over the last year. During the same period, its estimated monthly rental value has risen by £35 (2.9%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
2, Parkinson Drive, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
2, Parkinson Drive, Chelmsford last changed hands on 20th November 2020, selling for £200,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 6.5% since November 2020.
- Sold Nov 2020£200,000
- Sold Aug 2018£196,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 2, Parkinson Drive, Chelmsford across the last 2 years.
Most recently, 1, Parkinson Drive, Chelmsford, CM1 3GU, a leasehold flat, sold at £200,000 on the 15th December 2025.
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
Our analysis of the public data ranks 2, Parkinson Drive, Chelmsford as the 104th largest and the 120th most expensive of the 199 addresses on Parkinson Drive, Chelmsford, CM1.
Against the CM1 postcode district average, it is £206k less expensive than the typical property.
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Schools Nearby
- 700mOur Lady Immaculate Catholic Primary School
- 800mOaklands Infant School
- 900mWestlands Community Primary School
- 1.2kmHylands School
- 1.3kmMoulsham High School
- 1.5kmKing Edward VI Grammar School, Chelmsford
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Public Transport Nearby
Chelmsford station is the nearest stop to 2, Parkinson Drive, Chelmsford at 1.3 kilometres away.
- 1.3kmChelmsford
- 5.4kmBeaulieu Park
- 8.4kmIngatestone
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
