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By comparing it to neighbours, we estimate that it is a mid-century house with 967 ft2 of internal area and sits on a 418 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Downsway, Chelmsford is £550,037 and the estimated rental value is £1,944 per month.
Downsway, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
1, Downsway, Chelmsford has 2 entries in the Land Registry , most recently in November 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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, Downsway, Chelmsford is in very good condition we estimate a sale value of £577,539 and a rental value of £2,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £511,535 and a rental value of £1,808 per month.
Over the last 12 months the sale value of 1 Downsway Chelmsford has decreased by an estimated £18,005 (3.3%) and its rental value has increased by an estimated £56 per month (2.9%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 1, Downsway, Chelmsford sits on a plot of 418m2.
We have plot size data on 42 out of 44 other houses in the postcode and 1, Downsway, Chelmsford sits on the largest plot.
According to HM Land Registry, 1, Downsway, Chelmsford was last sold on 27th November 2013 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2013, the market for similar properties has risen 50.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Downsway, Chelmsford within a radius of 580 metres over the last 2 years.
The most recent example is 2, Totnes Walk, Chelmsford, CM1 6LX, a freehold house which sold for £650,000 on the 18th October 2024.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downsway, Chelmsford, CM1 has a total of 99 addresses. According to our analysis of all the public data, 1, Downsway, Chelmsford is the 35th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in CM1.
The closest station to 1, Downsway, Chelmsford is Beaulieu Park station which is 2.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Downsway, Chelmsford, 46.8% of property is privately owned outright and 41.9% 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 1, Downsway, Chelmsford, 17.4% of residents are recorded as possessing school level qualifications and 24.7% 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 1, Downsway, Chelmsford, the average age was 39.5 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 1, Downsway, Chelmsford, 1.0% 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 1, Downsway, Chelmsford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.