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98 Forest Drive, Chelmsford, Essex, CM1 2TS

How much is 98 Forest Drive, Chelmsford, Essex, CM1 2TS worth?

Estimated value — November 2026

£193,000

Likely range £128,000 – £251,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale January 1999

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£193,000

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£66,703£57,242 – £78,056
2001£77,137£65,194 – £90,067
2002£100,330£83,451 – £117,604
2003£112,710£92,310 – £133,411
2004£126,412£101,966 – £150,823
2005£128,797£102,583 – £154,060
2006£135,362£106,544 – £162,482
2007£148,447£115,269 – £179,081
2008£124,372£95,103 – £151,220
2009£127,742£96,372 – £156,143
2010£128,165£95,424 – £158,006
2011£126,467£93,600 – £156,821
2012£129,549£95,071 – £161,919
2013£134,025£97,674 – £168,967
2014£151,771£109,823 – £191,902
2015£162,437£128,886 – £192,375
2016£177,713£138,837 – £212,403
2017£187,604£144,273 – £226,268
2018£186,763£141,346 – £227,289
2019£183,228£136,434 – £224,983
2020£180,752£132,383 – £223,912
2021£195,285£140,643 – £244,043
2022£207,086£146,613 – £261,046
2023£195,206£135,819 – £248,198
2024£197,326£134,885 – £253,043
2025£199,898£134,202 – £258,519
2026£193,000£128,000 – £251,000

Sale history

1999Sold
£48,000
2026Today — estimated
+302%£193,000

Mortgage calculator

£1,036

Estimated monthly repayment

£173,700

Loan amount

£199,203

Total interest

£372,903

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

98 Forest Drive, Chelmsford, Essex, CM1 2TS is a flat on Forest Drive in Chelmsford, Essex. Stede's estimated value for November 2026 is £193,000. Four in five similar homes sold within their likely range when tested; for this property that range is £128,000 to £251,000. 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 1999 for £48,000. The current estimate is 302% higher than that price. The current owner has held it for about 27 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 £193,000 sits toward the lower end of that range.

Common questions

How much is 98 Forest Drive, Chelmsford, Essex, CM1 2TS worth?

Stede estimates 98 Forest Drive, Chelmsford, Essex, CM1 2TS is worth £193,000 as of November 2026, within a likely range of £128,000 to £251,000. 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 98 Forest Drive, Chelmsford, Essex, CM1 2TS last sell?

It last sold in January 1999 for £48,000.

What type of property is 98 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 1999, brought up to today with the House Price Index£183,98075%
  • 56 similar homes sold recently in the same postcode sector£221,47825%

Estimate £193,000, likely £128,000 – £251,000

Read the full methodology and data sources →