8, Parkinson Drive
8, Parkinson Drive
Description & Estimates
8, Parkinson Drive, Chelmsford is recorded publicly as a modern leasehold apartment across 661 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 8, Parkinson Drive, Chelmsford is £218,267 and its rental estimate is £1,215 per month, given the available information and assuming reasonable condition.
Parkinson Drive, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
8, Parkinson Drive, Chelmsford has 41 entries in the Land Registry , most recently in February 2014 and a single entry in the EPC database dated February 2009.
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
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 8, Parkinson Drive, Chelmsford, we estimate a market value of £229,181 and a rental value of £1,275 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £202,989 and £1,130 per month respectively.
Recent Market Change
Over the last year, 8, Parkinson Drive, Chelmsford has seen its estimated sale value fall by £3,111 (1.4%) and its estimated rental value move up by £35 per month (2.9%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
8, Parkinson Drive, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 8, Parkinson Drive, Chelmsford completed on 21st February 2014 at £148,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 41.8% over the period since February 2014.
- Sold Feb 2014£148,000
- Sold Jul 2009£140,000
- Sold Apr 2006£155,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Parkinson Drive, Chelmsford have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2025, was 3, Parkinson Drive, Chelmsford, CM1 3GU, a leasehold flat which sold for £230,000.
Read more about house prices in CM1.
- Sold Aug 2025£230,000 | 2 Bed Flat3, Parkinson Drive, Chelmsford, CM1 3GU3, Parkinson Drive, Chelmsford, CM1 3GU
- Sold May 2025£235,000 | 2 Bed Flat20, Parkinson Drive, Chelmsford, CM1 3GH20, Parkinson Drive, Chelmsford, CM1 3GH
- Sold Dec 2023£210,000 | 2 Bed Flat9, Parkinson Drive, Chelmsford, CM1 3GU9, Parkinson Drive, Chelmsford, CM1 3GU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 199 addresses on Parkinson Drive, Chelmsford, CM1, 8, Parkinson Drive, Chelmsford comes out as the 80th largest and the 81st most expensive in our analysis of the public data.
It is also £197k less expensive than the average property across the CM1 district.
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Schools Nearby
- 700mOur Lady Immaculate Catholic Primary School
- 800mOaklands Infant School
- 900mWestlands Community Primary School
- 1.2kmHylands School
- 1.3kmMoulsham High School
- 1.5kmKing Edward VI Grammar School, Chelmsford
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Public Transport Nearby
From 8, Parkinson Drive, Chelmsford, the nearest station is Chelmsford, 1.3 kilometres away.
- 1.3kmChelmsford
- 5.4kmBeaulieu Park
- 8.4kmIngatestone
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.
