3, Parkinson Drive
3, Parkinson Drive
Description & Estimates
3, Parkinson Drive, Chelmsford is recorded publicly as a modern leasehold apartment across 624 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 3, Parkinson Drive, Chelmsford is £214,693 and its rental estimate is £1,199 per month, given the available information and assuming reasonable condition.
Parkinson Drive, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
3, Parkinson Drive, Chelmsford has 41 entries in the Land Registry , most recently in August 2025 and a single entry in the EPC database dated April 2025.
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
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 3, Parkinson Drive, Chelmsford, we estimate a market value of £225,427 and a rental value of £1,259 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £199,664 and £1,115 per month respectively.
Recent Market Change
Over the last year, 3, Parkinson Drive, Chelmsford has seen its estimated sale value fall by £3,061 (1.4%) and its estimated rental value move up by £35 per month (2.9%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
3, Parkinson Drive, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Apr 2025.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 3, Parkinson Drive, Chelmsford completed on 22nd August 2025 at £230,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 2.0% over the period since August 2025.
- Sold Aug 2025£230,000
- Sold Feb 2019£220,000
- Sold Dec 2014£158,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Parkinson Drive, Chelmsford have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th December 2025, was 1, Parkinson Drive, Chelmsford, CM1 3GU, a leasehold flat which sold for £200,000.
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 199 addresses on Parkinson Drive, Chelmsford, CM1, 3, Parkinson Drive, Chelmsford comes out as the 93rd largest and the 85th most expensive in our analysis of the public data.
It is also £200k less expensive than the average property across the CM1 district.
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Schools Nearby
- 700mOur Lady Immaculate Catholic Primary School
- 900mOaklands Infant School
- 900mWestlands Community Primary School
- 1.2kmHylands School
- 1.3kmMoulsham High School
- 1.5kmKing Edward VI Grammar School, Chelmsford
More reading links
Public Transport Nearby
From 3, Parkinson Drive, Chelmsford, the nearest station is Chelmsford, 1.3 kilometres away.
- 1.3kmChelmsford
- 5.4kmBeaulieu Park
- 8.4kmIngatestone
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
