45, Cornflower Drive
45, Cornflower Drive
Description & Estimates
45, Cornflower Drive, Chelmsford is recorded publicly as a mid-century leasehold apartment across 419 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 45, Cornflower Drive, Chelmsford is £152,725 and its rental estimate is £976 per month, given the available information and assuming reasonable condition.
Cornflower Drive, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
45, Cornflower Drive, Chelmsford has 21 entries in the Land Registry , most recently in January 2016 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 45, Cornflower Drive, Chelmsford, we estimate a market value of £160,361 and a rental value of £1,025 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £142,034 and £908 per month respectively.
Recent Market Change
Over the last year, 45, Cornflower Drive, Chelmsford has seen its estimated sale value fall by £675 (0.4%) and its estimated rental value move up by £37 per month (3.8%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
45, Cornflower Drive, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 45, Cornflower Drive, Chelmsford completed on 11th January 2016 at £127,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 26.1% over the period since January 2016.
- Sold Jan 2016£127,000
- Sold Dec 1996£26,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 45, Cornflower Drive, Chelmsford have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd July 2024, was 8 Larkspur Court, Candytuft Road, Chelmsford, CM1 6QX, a leasehold flat which sold for £170,000.
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 93 addresses on Cornflower Drive, Chelmsford, CM1, 45, Cornflower Drive, Chelmsford comes out as the 91st largest and the 90th most expensive in our analysis of the public data.
It is also £262k less expensive than the average property across the CM1 district.
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Schools Nearby
- 400mThe Bishops' Church of England and Roman Catholic Primary School
- 700mSpringfield Primary School
- 800mThe Tyrrells School
- 900mThe Boswells School
- 2.5kmChelmsford County High School for Girls
- 2.8kmSt John Payne Catholic School, Chelmsford
More reading links
Public Transport Nearby
From 45, Cornflower Drive, Chelmsford, the nearest station is Beaulieu Park, 1.4 kilometres away.
- 1.4kmBeaulieu Park
- 2.8kmChelmsford
- 7.0kmHatfield Peverel
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
