4, Wear Drive
4, Wear Drive
Description & Estimates
Public records show 4, Wear Drive, Chelmsford to be a mid-century leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
4, Wear Drive, Chelmsford has an estimated sale value of £206,677 and an estimated rental value of £1,221 per month, assuming reasonable condition and based on the information available.
Wear Drive, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
4, Wear Drive, Chelmsford has 31 entries in the Land Registry , most recently in July 2007 and a single entry in the EPC database dated October 2014.
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 4, Wear Drive, Chelmsford would be worth £217,011, with a potential rental value of £1,282 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £192,210, with a rental value of £1,135 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 4, Wear Drive, Chelmsford has moved down by £2,946 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £36 (2.9%). The property's estimated gross yield is currently 7.1%.
Energy Efficiency
4, Wear Drive, Chelmsford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 26 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Wear Drive, Chelmsford last changed hands on 31st July 2007, selling for £150,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 32.2% since July 2007.
- Sold Jul 2007£150,000
- Sold Sep 2006£136,000
- Sold Nov 1995£34,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 670 metres of 4, Wear Drive, Chelmsford across the last 2 years.
Most recently, 6, Waveney Drive, Chelmsford, CM1 7PY, a leasehold flat, sold at £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.
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Location Comparison
Our analysis of the public data ranks 4, Wear Drive, Chelmsford as the 48th largest and the 48th most expensive of the 62 addresses on Wear Drive, Chelmsford, CM1.
Against the CM1 postcode district average, it is £208k less expensive than the typical property.
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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
More reading links
Public Transport Nearby
Chelmsford station is the nearest stop to 4, Wear Drive, Chelmsford at 1.9 kilometres away.
- 1.9kmChelmsford
- 2.5kmBeaulieu Park
- 8.1kmHatfield Peverel
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.
