1, Foremans
1, Foremans
Description & Estimates
According to the public record, 1, Foremans, Chelmsford is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 812 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Foremans, Chelmsford is £219,162 and the estimated rental value is £1,230 per month.
Foremans, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
Our Data Sources
1, Foremans, Chelmsford has 31 entries in the Land Registry , most recently in June 2009 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.
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, Foremans, Chelmsford is in very good condition we estimate a sale value of £230,120 and a rental value of £1,291 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,820 and a rental value of £1,144 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Foremans, Chelmsford has fallen by £3,124 (1.4%), while its estimated rental value has moved up by £36 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Sold Prices
According to HM Land Registry, 1, Foremans, Chelmsford was last sold on 19th June 2009 for £170,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2009, the market for similar properties has risen by 57.6%.
- Sold Jun 2009£170,000
- Sold Oct 2005£192,500
- Sold Mar 2002£159,995
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, Foremans, Chelmsford within a radius of 730 metres over the last 2 years.
The most recent example is 23, Medway Close, Chelmsford, CM1 2LH, a leasehold flat which sold for £226,600 on the 27th November 2023.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Foremans, Chelmsford, CM1 has a total of 14 addresses. According to our analysis of all the public data, 1, Foremans, Chelmsford is the 5th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in CM1.
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Schools Nearby
- 700mWestlands Community Primary School
- 900mLawford Mead Primary & Nursery
- 900mKings Road Primary School
- 1.1kmKing Edward VI Grammar School, Chelmsford
- 1.4kmChelmsford County High School for Girls
- 1.4kmHylands School
More reading links
Public Transport Nearby
The closest station to 1, Foremans, Chelmsford is Chelmsford station, which is 1.5 kilometres away.
- 1.5kmChelmsford
- 5.3kmBeaulieu Park
- 9.3kmIngatestone
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.
