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Rectory Lane is a residential street with 12 addresses.
It ranks as the 361st largest and 888th most expensive of the 972 streets in the CM3 area. The dominant property type is a modern house built after 1980.
The street contains a total of 12 properties: 9 houses and 3 flats.
Rectory Lane is a residential street with 12 addresses.
It ranks as the 361st largest and 888th most expensive of the 972 streets in the CM3 area. The dominant property type is a modern house built after 1980.
The street contains a total of 12 properties: 9 houses and 3 flats.
Sale prices range from £238,775 for 2 bedroom Leasehold flats (721 ft2) to £1,802,429 for 5 bedroom freehold houses with a garden (3,745 ft2) .
Monthly rental prices range from £1,020 pcm for 2 bed flats to £5,516 pcm for 5 bed houses.
The gross rental yield is between 3.7% and 5.4%.
The average value per square foot is £373.
The last sale on Rectory Lane sold for £450,000 on 5th December 2022. Since then prices are down an average of 4.0%.
The current average value in the street is £929,575.
The Rectory Lane Sales Market has increased by 20.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.6% | £929,575 |
| May 2025 | 1.7% | £944,302 |
| May 2024 | -2% | £928,077 |
| May 2023 | -1.2% | £947,147 |
| May 2022 | 8.6% | £958,207 |
| May 2021 | 6.6% | £882,297 |
| May 2020 | -0.3% | £827,970 |
| May 2019 | 0.4% | £830,599 |
| May 2018 | 1.7% | £827,258 |
| May 2017 | 5% | £813,145 |
| May 2016 | 11.1% | £774,366 |
| May 2015 | 9.5% | £697,134 |
| May 2014 | 7.4% | £636,619 |
| May 2013 | 0.4% | £592,614 |
| May 2012 | 1.1% | £590,357 |
| May 2011 | 1.9% | £583,758 |
| May 2010 | 5.9% | £573,006 |
| May 2009 | -11.3% | £541,178 |
| May 2008 | 2.3% | £610,316 |
| May 2007 | 0% | £596,865 |
The current average rental value in the street is £3,107.
The Rectory Lane Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2% | £3,107pcm |
| May 2025 | 6.6% | £3,047pcm |
| May 2024 | 6.9% | £2,858pcm |
| May 2023 | 7.2% | £2,673pcm |
| May 2022 | 6.2% | £2,494pcm |
| May 2021 | 5.7% | £2,349pcm |
| May 2020 | 0.9% | £2,223pcm |
| May 2019 | 1.1% | £2,204pcm |
| May 2018 | 2.4% | £2,181pcm |
| May 2017 | 1.8% | £2,130pcm |
| May 2016 | 4.3% | £2,092pcm |
| May 2015 | 4.7% | £2,006pcm |
| May 2014 | 2.7% | £1,916pcm |
| May 2013 | 0% | £1,865pcm |
| May 2012 | 2% | £1,864pcm |
| May 2011 | 3.6% | £1,827pcm |
| May 2010 | 6% | £1,763pcm |
| May 2009 | -5% | £1,663pcm |
| May 2008 | 3.5% | £1,751pcm |
| May 2007 | 0% | £1,691pcm |
The last sale was on 5th December 2022 for £450,000 and since then the market in the area has decreased by 4.0%. The street has had a total of 8 sales since 1995.
Rectory Lane, Latchingdon, Chelmsford, CM3 has seen no sales in the last three years and no sales in the last twelve months.
Rectory Lane, Latchingdon, Chelmsford, CM3 is the 361st largest and the 888th most expensive street in the CM3 area.
There are 2 postcodes on Rectory Lane, Latchingdon, Chelmsford, CM3.
The closest station to Rectory Lane, Latchingdon, Chelmsford, CM3 is Althorne (Essex) station which is 1.8 kilometres away.
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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 Rectory Lane, Latchingdon, Chelmsford, CM3, 45.0% of property is privately owned outright and 42.0% 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 Rectory Lane, Latchingdon, Chelmsford, CM3, 15.8% of residents are recorded as possessing school level qualifications and 22.9% 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 Rectory Lane, Latchingdon, Chelmsford, CM3, the average age was 45.9 and the most common age was 52.
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 Rectory Lane, Latchingdon, Chelmsford, CM3, 0.4% 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 Rectory Lane, Latchingdon, Chelmsford, CM3, there are an average of 2.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.