1, Butts Way
1, Butts Way
Description & Estimates
According to the public record, 1, Butts Way, Chelmsford is an early-century house with 947 ft2 of internal area and sits on a 437 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Butts Way, Chelmsford is £563,707 and the estimated rental value is £1,957 per month.
Butts Way, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
Our Data Sources
1, Butts Way, Chelmsford has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Butts Way, Chelmsford is in very good condition we estimate a sale value of £591,892 and a rental value of £2,054 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £524,247 and a rental value of £1,820 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Butts Way, Chelmsford has moved down by £4,655 (0.8%), while its estimated rental value has increased by £68 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 4.2%.
Plot Size
According to data from HM Land Registry, 1, Butts Way, Chelmsford sits on a plot of 437 m2.
We have plot size data on 18 out of 23 other houses in the postcode and 1, Butts Way, Chelmsford sits on the 17th largest plot.
Energy Efficiency
1, Butts Way, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, 1, Butts Way, Chelmsford was last sold on 13th December 2002 for £235,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
- Sold Dec 2002£235,500
- Sold Jul 1998£114,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Butts Way, Chelmsford within a radius of 1.7 kilometres over the last 2 years.
The most recent example is Meiders, Butts Way, Chelmsford, CM2 8TJ, a freehold house which sold for £460,000 on the 10th March 2023.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Butts Way, Chelmsford, CM2 has a total of 23 addresses. According to our analysis of all the public data, 1, Butts Way, Chelmsford is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £156k more expensive than the average property in CM2.
More reading links
Schools Nearby
- 1.6kmMildmay Primary School
- 1.9kmSt Michael's Church of England Voluntary Aided Junior School
- 1.9kmGalleywood Infant School
- 2.2kmMoulsham High School
- 2.8kmGreat Baddow High School
- 2.8kmHylands School
More reading links
Public Transport Nearby
The closest station to 1, Butts Way, Chelmsford is Chelmsford station, which is 3.8 kilometres away.
- 3.8kmChelmsford
- 6.1kmIngatestone
- 7.6kmBeaulieu Park
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
