49, Cornflower Drive
49, Cornflower Drive
Description & Estimates
Public records show 49, Cornflower Drive, Chelmsford to be a mid-century leasehold apartment with 419 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
49, Cornflower Drive, Chelmsford has an estimated sale value of £152,725 and an estimated rental value of £976 per month, assuming reasonable condition and based on the information available.
Cornflower Drive, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
49, Cornflower Drive, Chelmsford has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated April 2014.
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
In very good condition, we estimate 49, Cornflower Drive, Chelmsford would be worth £160,361, with a potential rental value of £1,025 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £142,034, with a rental value of £908 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 49, Cornflower Drive, Chelmsford has dropped by £675 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £37 (3.8%). The property's estimated gross yield is currently 7.7%.
Energy Efficiency
49, Cornflower Drive, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
49, Cornflower Drive, Chelmsford last changed hands on 9th May 2019, selling for £143,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 17.3% since May 2019.
- Sold May 2019£143,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of 49, Cornflower Drive, Chelmsford across the last 2 years.
Most recently, 8 Larkspur Court, Candytuft Road, Chelmsford, CM1 6QX, a leasehold flat, sold at £170,000 on the 22nd 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 49, Cornflower Drive, Chelmsford as the 90th largest and the 89th most expensive of the 93 addresses on Cornflower Drive, Chelmsford, CM1.
Against the CM1 postcode district average, it is £262k less expensive than the typical property.
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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
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Public Transport Nearby
Beaulieu Park station is the nearest stop to 49, Cornflower Drive, Chelmsford at 1.4 kilometres away.
- 1.4kmBeaulieu Park
- 2.8kmChelmsford
- 7.0kmHatfield Peverel
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
