2 Mill LaneHouse Prices / East of England, Chelmsford, Mill Lane, CM1 7BQ
Key Building Insights
2 Mill Lane is a residential building situated on Mill Lane, Broomfield, Chelmsford, CM1 with 6 addresses.
It ranks as the 424th largest and 531st most expensive of the 579 buildings in the CM1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The building contains a total of 6 properties: 6 flats.
- Flats
Key Building Insights
2 Mill Lane is a residential building situated on Mill Lane, Broomfield, Chelmsford, CM1 with 6 addresses.
It ranks as the 424th largest and 531st most expensive of the 579 buildings in the CM1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The building contains a total of 6 properties: 6 flats.
- Flats
House Pricesin 2 Mill Lane
Sale prices range from £265,831 for 3 bedroom leasehold flats (968 ft2) to £489,805 for 4 bedroom freehold houses with a garden (1,123 ft2) .
Monthly rental prices range from £1,433 pcm for 3 bed flats to £2,027 pcm for 4 bed houses.
The gross rental yield is between 5.0% and 6.5%.
The average value per square foot is £355.
Sales Market Trendsin 2 Mill Lane
The last sale in 2 Mill Lane sold for £346,950 on 1st August 2012. Since then prices are up an average of 55.9%.
The current average value in the building is £363,221.
The 2 Mill Lane Sales Market has increased by 19.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.3% | £363,221 |
| May 2025 | 2% | £367,846 |
| May 2024 | -2.7% | £360,563 |
| May 2023 | 1.2% | £370,743 |
| May 2022 | 6.8% | £366,486 |
| May 2021 | 4.8% | £343,116 |
| May 2020 | 1.1% | £327,361 |
| May 2019 | -0.6% | £323,673 |
| May 2018 | 0.6% | £325,645 |
| May 2017 | 6.7% | £323,601 |
| May 2016 | 11.5% | £303,320 |
| May 2015 | 10.2% | £271,960 |
| May 2014 | 9.7% | £246,843 |
| May 2013 | 0.2% | £224,989 |
| May 2012 | 1.9% | £224,516 |
| May 2011 | 1.8% | £220,373 |
| May 2010 | 9% | £216,418 |
| May 2009 | -11.9% | £198,599 |
| May 2008 | -1.7% | £225,491 |
| May 2007 | 0% | £229,500 |
Rental Market Trendsin 2 Mill Lane
The current average rental value in the building is £1,681.
The 2 Mill Lane Rental Market has increased by 50.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3% | £1,681pcm |
| May 2025 | 4.5% | £1,632pcm |
| May 2024 | 8.5% | £1,562pcm |
| May 2023 | 10.2% | £1,440pcm |
| May 2022 | 5.9% | £1,307pcm |
| May 2021 | 4.8% | £1,235pcm |
| May 2020 | 1.5% | £1,178pcm |
| May 2019 | 1.7% | £1,161pcm |
| May 2018 | -0.3% | £1,142pcm |
| May 2017 | 2.3% | £1,145pcm |
| May 2016 | 4.1% | £1,119pcm |
| May 2015 | 4.4% | £1,074pcm |
| May 2014 | 4.5% | £1,029pcm |
| May 2013 | 2% | £984pcm |
| May 2012 | 2.3% | £965pcm |
| May 2011 | 3.5% | £943pcm |
| May 2010 | 5.3% | £912pcm |
| May 2009 | -6.4% | £866pcm |
| May 2008 | 4.8% | £925pcm |
| May 2007 | 0% | £883pcm |
Explore Propertiesin 2, Mill Lane, Broomfield, Chelmsford, CM1 7BQ
Sales Historyin 2, Mill Lane, Broomfield, Chelmsford, CM1 7BQ
The last sale was on 1st August 2012 for £346,950 and since then the market in the area has increased by 55.9%. The building has had a total of 1 sales since 1995.
2, Mill Lane, Broomfield, Chelmsford, CM1 7BQ has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 2 Mill Lane
- 3 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (3)
- Unknown (3)
Energy Efficiencyof properties in 2 Mill Lane
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (3)
- No EPC (3)
Top 3 Most Expensive Saleson Mill Lane, Broomfield, Chelmsford, CM1
Schools Nearby
- 500mBroomfield Primary School
- 1.9kmSpringfield Primary School
- 1.9kmPerryfields Infant School
- 900mChelmer Valley High School
- 1.8kmSt John Payne Catholic School, Chelmsford
- 2.1kmThe Boswells School
More reading links
Public Transport Nearby
The closest station to 2, Mill Lane, Broomfield, Chelmsford, CM1 7BQ is Beaulieu Park station, which is 3.2 kilometres away.
- 3.2kmBeaulieu Park
- 3.3kmChelmsford
- 8.2kmHatfield Peverel
- 11.6kmWhite Notley
