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54 Forest Drive, Chelmsford, Essex, CM1 2TS

How much is 54 Forest Drive, Chelmsford, Essex, CM1 2TS worth?

Estimated value — November 2026

£200,000

Likely range £133,000 – £260,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale January 1996

34%

confidence

Low

Typically within 17% of the sale price

Property details

Flat / Maisonette

Forest Drive · Chelmsford · CM1 2TS

Address

District
Chelmsford
County
Essex
See house prices in CM1 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£100k£200k£300k20002002200420062008201020122014201620182020202220242026£200,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£69,678£57,317 – £82,297
2001£80,553£65,313 – £95,868
2002£104,742£83,925 – £124,916
2003£117,632£93,219 – £140,719
2004£131,892£103,183 – £158,508
2005£134,339£103,553 – £162,690
2006£141,143£107,400 – £171,788
2007£154,740£116,257 – £189,956
2008£129,605£96,881 – £160,006
2009£133,076£98,706 – £165,623
2010£133,476£98,401 – £167,627
2011£131,667£96,462 – £165,811
2012£134,833£109,848 – £157,207
2013£139,448£112,081 – £163,956
2014£157,863£125,153 – £187,156
2015£168,905£132,057 – £201,904
2016£184,730£142,406 – £222,632
2017£194,951£148,149 – £236,863
2018£194,015£145,313 – £237,629
2019£190,282£140,433 – £234,923
2020£187,651£136,436 – £233,516
2021£202,673£145,138 – £254,197
2022£214,852£151,506 – £271,580
2023£202,462£140,551 – £257,905
2024£204,593£139,789 – £262,626
2025£207,193£139,296 – £267,996
2026£200,000£133,000 – £260,000

Sale history

1996Sold
£39,000
2026Today — estimated
+413%£200,000

Mortgage calculator

£1,073

Estimated monthly repayment

£180,000

Loan amount

£206,428

Total interest

£386,428

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

54 Forest Drive, Chelmsford, Essex, CM1 2TS is a flat on Forest Drive in Chelmsford, Essex. Stede's estimated value for November 2026 is £200,000. Four in five similar homes sold within their likely range when tested; for this property that range is £133,000 to £260,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 56 similar homes in the same postcode sector (25%). The confidence score is 34 out of 100 (low): estimates like this one are typically within 17% of the eventual sale price.

It last sold in January 1996 for £39,000. The current estimate is 413% higher than that price. The current owner has held it for about 30 years.

The modelled value is down 3% over the past year and down 1% over the past five years.

Among 10 nearby properties Stede tracks in the CM1 area, estimated values run from £87,000 to £346,000. This flat's £200,000 sits toward the lower end of that range.

Common questions

How much is 54 Forest Drive, Chelmsford, Essex, CM1 2TS worth?

Stede estimates 54 Forest Drive, Chelmsford, Essex, CM1 2TS is worth £200,000 as of November 2026, within a likely range of £133,000 to £260,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 54 Forest Drive, Chelmsford, Essex, CM1 2TS last sell?

It last sold in January 1996 for £39,000.

What type of property is 54 Forest Drive, Chelmsford, Essex, CM1 2TS?

It is recorded as a Flat / Maisonette on Forest Drive in the CM1 postcode area.

How reliable is this estimate?

The confidence score is 34 out of 100 (low). Tested against real sales of similar homes, estimates like this one are typically within 17% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 56 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 8,900 real sales of similar homes.

  • Its sale in January 1996, brought up to today with the House Price Index£193,36975%
  • 56 similar homes sold recently in the same postcode sector£221,47825%

Estimate £200,000, likely £133,000 – £260,000

Read the full methodology and data sources →