29, Wear Drive
29, Wear Drive
Description & Estimates
According to the public record, 29, Wear Drive, Chelmsford is a mid-century leasehold apartment with 592 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 29, Wear Drive, Chelmsford is £191,079 and the estimated rental value is £1,148 per month.
Wear Drive, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
Our Data Sources
29, Wear Drive, Chelmsford has 21 entries in the Land Registry , most recently in March 2025 and a single entry in the EPC database dated June 2017.
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
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 29, Wear Drive, Chelmsford is in very good condition we estimate a sale value of £200,633 and a rental value of £1,206 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,704 and a rental value of £1,068 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 29, Wear Drive, Chelmsford has decreased by £2,724 (1.4%), while its estimated rental value has grown by £33 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 7.2%.
Energy Efficiency
29, Wear Drive, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 29, Wear Drive, Chelmsford was last sold on 28th March 2025 for £180,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2025, the market for similar properties has dropped by 1.9%.
- Sold Mar 2025£180,000
- Sold Mar 1995£36,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Wear Drive, Chelmsford within a radius of 690 metres over the last 2 years.
The most recent example is 1, Wear Drive, Chelmsford, CM1 7PT, a leasehold flat which sold for £230,000 on the 15th October 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
Wear Drive, Chelmsford, CM1 has a total of 62 addresses. According to our analysis of all the public data, 29, Wear Drive, Chelmsford is the 59th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in CM1.
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Schools Nearby
- 100mPerryfields Infant School
- 200mPerryfields Junior School
- 500mThe Tyrrells School
- 400mThe Boswells School
- 1.4kmChelmsford County High School for Girls
- 1.5kmSt John Payne Catholic School, Chelmsford
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Public Transport Nearby
The closest station to 29, Wear Drive, Chelmsford is Chelmsford station, which is 1.9 kilometres away.
- 1.9kmChelmsford
- 2.5kmBeaulieu Park
- 8.1kmHatfield Peverel
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
