73, Cornflower Drive
73, Cornflower Drive
Description & Estimates
According to the public record, 73, Cornflower Drive, Chelmsford is a mid-century leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 73, Cornflower Drive, Chelmsford is £151,302 and the estimated rental value is £963 per month.
Cornflower Drive, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
Our Data Sources
73, Cornflower Drive, Chelmsford has 61 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated September 2019.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 73, Cornflower Drive, Chelmsford is in very good condition we estimate a sale value of £158,867 and a rental value of £1,011 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,711 and a rental value of £895 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 73, Cornflower Drive, Chelmsford has fallen by £668 (0.4%), while its estimated rental value has moved up by £37 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 7.6%.
Energy Efficiency
73, Cornflower Drive, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 73, Cornflower Drive, Chelmsford was last sold on 1st July 2014 for £107,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since July 2014, the market for similar properties has risen by 47.9%.
- Sold Jul 2014£107,000
- Sold Jul 2010£105,000
- Sold May 2007£135,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 73, Cornflower Drive, Chelmsford within a radius of 580 metres over the last 2 years.
The most recent example is 8 Larkspur Court, Candytuft Road, Chelmsford, CM1 6QX, a leasehold flat which sold for £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
Cornflower Drive, Chelmsford, CM1 has a total of 93 addresses. According to our analysis of all the public data, 73, Cornflower Drive, Chelmsford is the 87th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £264k less expensive than the average property in CM1.
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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
The closest station to 73, Cornflower Drive, Chelmsford is Beaulieu Park station, which is 1.4 kilometres away.
- 1.4kmBeaulieu Park
- 2.8kmChelmsford
- 7.0kmHatfield Peverel
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
