43, Spenlow Drive
43, Spenlow Drive
Description & Estimates
43, Spenlow Drive, Chelmsford is described in the public record as a mid-century house with 1,388 ft2 of internal area, sitting on a 465 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 43, Spenlow Drive, Chelmsford is £649,799 and its rental estimate is £2,097 per month, given the available information and assuming reasonable condition.
Spenlow Drive, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
43, Spenlow Drive, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated March 2014.
We combine this information with public data 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
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 43, Spenlow Drive, Chelmsford, we estimate a market value of £682,289 and a rental value of £2,201 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £604,313 and £1,950 per month respectively.
Recent Market Change
Over the last year, 43, Spenlow Drive, Chelmsford has seen its estimated sale value drop by £5,029 (0.8%) and its estimated rental value rise by £73 per month (3.5%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 43, Spenlow Drive, Chelmsford as measuring 465 m2.
That makes it the 4th largest plot in the postcode, where all 31 other houses have recorded plot data.
Energy Efficiency
43, Spenlow Drive, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 43, Spenlow Drive, Chelmsford have sold within a radius of 910 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th September 2024, was 18, Wickfield Ash, Chelmsford, CM1 4UT, a freehold house which sold for £625,000.
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 31 addresses on Spenlow Drive, Chelmsford, CM1, 43, Spenlow Drive, Chelmsford comes out as the 7th largest and the 3rd most expensive in our analysis of the public data.
It is also £235k more expensive than the average property across the CM1 district.
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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
From 43, Spenlow Drive, Chelmsford, the nearest station is Chelmsford, 2.8 kilometres away.
- 2.8kmChelmsford
- 5.4kmBeaulieu Park
- 10.6kmIngatestone
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.
