61, Redmayne Drive
61, Redmayne Drive
Description & Estimates
Public records show 61, Redmayne Drive, Chelmsford to be a modern leasehold apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
61, Redmayne Drive, Chelmsford has an estimated sale value of £177,992 and an estimated rental value of £1,070 per month, assuming reasonable condition and based on the information available.
Redmayne Drive, Chelmsford, CM2 lies in the borough of Chelmsford, within the CM2 postal district.
Our Data Sources
61, Redmayne Drive, Chelmsford has 31 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated July 2022.
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 61, Redmayne Drive, Chelmsford would be worth £186,891, with a potential rental value of £1,124 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £165,532, with a rental value of £995 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 61, Redmayne Drive, Chelmsford has dropped by £1,232 (0.7%) over the last year. During the same period, its estimated monthly rental value has risen by £39 (3.7%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
61, Redmayne Drive, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
61, Redmayne Drive, Chelmsford last changed hands on 30th November 2022, selling for £200,000. 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 dropped by 3.1% since November 2022.
- Sold Nov 2022£200,000
- Sold Feb 2005£131,000
- Sold Nov 2001£88,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 61, Redmayne Drive, Chelmsford across the last 2 years.
Most recently, 176, Redmayne Drive, Chelmsford, CM2 9XE, a leasehold flat, sold at £155,000 on the 21st February 2025.
Read more about house prices in CM2.
•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 61, Redmayne Drive, Chelmsford as the 114th largest and the 122nd most expensive of the 163 addresses on Redmayne Drive, Chelmsford, CM2.
Against the CM2 postcode district average, it is £230k less expensive than the typical property.
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Schools Nearby
- 800mOaklands Infant School
- 900mMoulsham Infant School
- 900mMoulsham Junior School
- 900mMoulsham High School
- 1.5kmHylands School
- 2.0kmKing Edward VI Grammar School, Chelmsford
More reading links
Public Transport Nearby
Chelmsford station is the nearest stop to 61, Redmayne Drive, Chelmsford at 1.7 kilometres away.
- 1.7kmChelmsford
- 5.7kmBeaulieu Park
- 8.0kmIngatestone
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.
