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2 Primrose Hill is a residential building situated on Primrose Hill, Chelmsford, CM1 with 2 addresses.
It ranks as the 105th largest and 544th most expensive of the 579 buildings in the CM1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
2 Primrose Hill is a residential building situated on Primrose Hill, Chelmsford, CM1 with 2 addresses.
It ranks as the 105th largest and 544th most expensive of the 579 buildings in the CM1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £193,921 for 2 bedroom leasehold flats (699 ft2) to £526,420 for 4 bedroom freehold houses with a garden (1,379 ft2) .
Monthly rental prices range from £1,142 pcm for 2 bed flats to £2,087 pcm for 4 bed houses.
The gross rental yield is between 4.8% and 7.1%.
The average value per square foot is £329.
The last sale in 2 Primrose Hill sold for £525,000 on 30th November 2017. Since then prices are up an average of 9.5%.
The current average value in the building is £360,170.
The 2 Primrose Hill Sales Market has increased by 18.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £360,170 |
| May 2025 | 1.5% | £364,259 |
| May 2024 | -2.6% | £358,705 |
| May 2023 | 1.1% | £368,265 |
| May 2022 | 6.1% | £364,244 |
| May 2021 | 4.4% | £343,277 |
| May 2020 | 1.6% | £328,807 |
| May 2019 | -0.5% | £323,682 |
| May 2018 | -0.1% | £325,302 |
| May 2017 | 6.7% | £325,470 |
| May 2016 | 11% | £304,934 |
| May 2015 | 9.3% | £274,723 |
| May 2014 | 9% | £251,398 |
| May 2013 | 0.3% | £230,617 |
| May 2012 | 1.1% | £229,993 |
| May 2011 | 1.7% | £227,437 |
| May 2010 | 8.3% | £223,698 |
| May 2009 | -11.4% | £206,579 |
| May 2008 | -0.8% | £233,100 |
| May 2007 | 0% | £235,003 |
The current average rental value in the building is £1,615.
The 2 Primrose Hill Rental Market has increased by 48.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.1% | £1,615pcm |
| May 2025 | 3.9% | £1,567pcm |
| May 2024 | 8.8% | £1,508pcm |
| May 2023 | 10.2% | £1,387pcm |
| May 2022 | 5.1% | £1,258pcm |
| May 2021 | 4.5% | £1,196pcm |
| May 2020 | 1.9% | £1,145pcm |
| May 2019 | 1.8% | £1,123pcm |
| May 2018 | -0.9% | £1,104pcm |
| May 2017 | 2.4% | £1,114pcm |
| May 2016 | 3.6% | £1,088pcm |
| May 2015 | 3.4% | £1,050pcm |
| May 2014 | 3.9% | £1,015pcm |
| May 2013 | 2.1% | £977pcm |
| May 2012 | 1.4% | £957pcm |
| May 2011 | 3.3% | £944pcm |
| May 2010 | 4.7% | £914pcm |
| May 2009 | -5.9% | £873pcm |
| May 2008 | 5.9% | £927pcm |
| May 2007 | 0% | £876pcm |
The last sale was on 30th November 2017 for £525,000 and since then the market in the area has increased by 9.5%. The building has had a total of 4 sales since 1995.
2, Primrose Hill, Chelmsford, CM1 2RQ has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, Primrose Hill, Chelmsford, CM1 2RQ is Chelmsford station which is 600 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Primrose Hill, Chelmsford, CM1 2RQ, 33.7% of property is privately rented and 25.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 2, Primrose Hill, Chelmsford, CM1 2RQ, 14.5% of residents are recorded as possessing school level qualifications and 52.1% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Primrose Hill, Chelmsford, CM1 2RQ, 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 2, Primrose Hill, Chelmsford, CM1 2RQ, 0.0% 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 2, Primrose Hill, Chelmsford, CM1 2RQ, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.