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According to the public record, 2, Waveney Drive, Chelmsford is a mid-century leasehold apartment with 591 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Waveney Drive, Chelmsford is £204,542 and the estimated rental value is £1,207 per month.
Waveney Drive, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
2, Waveney Drive, Chelmsford has 31 entries in the Land Registry , most recently in June 2012 and a single entry in the EPC database dated February 2011.
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.
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 2, Waveney Drive, Chelmsford is in very good condition we estimate a sale value of £214,769 and a rental value of £1,267 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,224 and a rental value of £1,122 per month.
Over the last 12 months the sale value of 2 Waveney Drive Chelmsford has decreased by an estimated £2,916 (1.4%) and its rental value has increased by an estimated £35 per month (2.9%), giving an expected gross yield of 7.1%.
2, Waveney Drive, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Feb 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, 2, Waveney Drive, Chelmsford was last sold on 21st June 2012 for £125,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2012, the market for similar properties has risen 46.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Waveney Drive, Chelmsford within a radius of 690 metres over the last 2 years.
The most recent example is 6, Waveney Drive, Chelmsford, CM1 7PY, a leasehold flat which sold for £212,500 on the 30th January 2026.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waveney Drive, Chelmsford, CM1 has a total of 202 addresses. According to our analysis of all the public data, 2, Waveney Drive, Chelmsford is the 195th largest and the 197th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in CM1.
The closest station to 2, Waveney Drive, Chelmsford is Chelmsford station which is 1.8 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Waveney Drive, Chelmsford, 50.0% of property is privately owned outright and 33.6% is privately owned with a mortgage.
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 2, Waveney Drive, Chelmsford, 19.7% of residents are recorded as possessing school level qualifications and 33.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Waveney Drive, Chelmsford, the average age was 39.5 and the most common age was 32.
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 2, Waveney Drive, Chelmsford, 0.9% 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 2, Waveney Drive, Chelmsford, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
