According to the public record, 16, Riddiford Drive, Chelmsford is a modern freehold house and with 1,463 ft2 of internal area and sits on a 459 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Riddiford Drive, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
16, Riddiford Drive, Chelmsford has 31 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Riddiford Drive Chelmsford as £704,720 and the rental value as £2,115 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 16 Riddiford Drive Chelmsford has decreased by £12,231 (1.7%) and its rental value has increased by £91 per month (4.3%).
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 16, Riddiford Drive, Chelmsford is in very good condition we estimate a sale value of £739,956 and rental value of £2,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £655,389 and a rental value of £1,967 per month.
If you were able to purchase this property for the estimated value of £704,720, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,463 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 16, Riddiford Drive, Chelmsford sits on a plot of 459m2.
We have plot size data on 13 out of 19 other houses in the postcode and 16, Riddiford Drive, Chelmsford sits on the 4th largest plot.
According to HM Land Registry, 16, Riddiford Drive, Chelmsford was last sold on 21 Aug 2019 for £670,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2019, the market for similar properties has risen 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Riddiford Drive, Chelmsford within a radius of 83m over the last 2 years.
The most recent example is 12, Riddiford Drive, Chelmsford, CM1 2GB, a Freehold house which sold for £787,500 in Aug 2023.
Read more about house prices in CM1.
Riddiford Drive, Chelmsford, CM1 has a total of 30 addresses. According to our analysis of all the public data, 16, Riddiford Drive, Chelmsford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £303k more expensive than the average property in CM1.
16, Riddiford Drive, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Riddiford Drive, Chelmsford is Chelmsford station which is 900 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Riddiford Drive, Chelmsford, 38.7% of property is privately owned with a mortgage and 32.0% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Riddiford Drive, Chelmsford, 15.8% of residents are recorded as possessing school level qualifications and 50.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Riddiford Drive, Chelmsford, the average age was 38.2 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Riddiford Drive, Chelmsford, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Riddiford Drive, Chelmsford, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.