37, Spenlow Drive
37, Spenlow Drive
Description & Estimates
Public records show 37, Spenlow Drive, Chelmsford to be a modern freehold house with 850 ft2 of internal area, sitting on a 441 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
37, Spenlow Drive, Chelmsford has an estimated sale value of £492,421 and an estimated rental value of £1,742 per month, assuming reasonable condition and based on the information available.
Spenlow Drive, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
37, Spenlow Drive, Chelmsford has 31 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 37, Spenlow Drive, Chelmsford would be worth £517,043, with a potential rental value of £1,829 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £457,952, with a rental value of £1,620 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 37, Spenlow Drive, Chelmsford has declined by £4,070 (0.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £60 (3.5%). The property's estimated gross yield is currently 4.2%.
Plot Size
37, Spenlow Drive, Chelmsford occupies a 441 m2 plot as recorded by HM Land Registry.
All 31 other houses in this postcode have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
37, Spenlow Drive, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
37, Spenlow Drive, Chelmsford last changed hands on 27th October 2022, selling for £535,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 2.8% since October 2022.
- Sold Oct 2022£535,000
- Sold Aug 2010£272,500
- Sold Sep 1995£102,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 890 metres of 37, Spenlow Drive, Chelmsford across the last 2 years.
Most recently, 1, Barkis Close, Chelmsford, CM1 4UW, a freehold house, sold at £460,000 on the 3rd July 2024.
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 37, Spenlow Drive, Chelmsford as the 29th largest and the 21st most expensive of the 31 addresses on Spenlow Drive, Chelmsford, CM1.
Against the CM1 postcode district average, it is £78k more expensive than the typical property.
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Schools Nearby
- 300mNewlands Spring Primary and Nursery School
- 1.0kmLawford Mead Primary & Nursery
- 1.2kmParkwood Academy
- 1.5kmSt John Payne Catholic School, Chelmsford
- 2.3kmChelmsford County High School for Girls
- 2.3kmKing Edward VI Grammar School, Chelmsford
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Public Transport Nearby
Chelmsford station is the nearest stop to 37, Spenlow Drive, Chelmsford at 2.8 kilometres away.
- 2.8kmChelmsford
- 5.4kmBeaulieu Park
- 10.6kmIngatestone
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.
