1 Forge Cottage, Chelmsford
1 Forge Cottage, Chelmsford
Description & Estimates
1 Forge Cottage, Chelmsford is recorded publicly as a period freehold house across 1,700 ft2 of internal area, sitting on a 519 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1 Forge Cottage, Chelmsford is £722,796 and its rental estimate is £2,211 per month, given the available information and assuming reasonable condition.
Back Lane, Pleshey, Chelmsford, CM3 falls within the CM3 postal district, in the borough of Chelmsford.
Our Data Sources
1 Forge Cottage, Chelmsford has 2 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1 Forge Cottage, Chelmsford, we estimate a market value of £758,936 and a rental value of £2,322 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £672,201 and £2,056 per month respectively.
Recent Market Change
Over the last year, 1 Forge Cottage, Chelmsford has seen its estimated sale value decrease by £11,816 (1.6%) and its estimated rental value grow by £66 per month (3.0%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 1 Forge Cottage, Chelmsford as measuring 519 m2.
That makes it the 9th largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
1 Forge Cottage, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Jul 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 1 Forge Cottage, Chelmsford completed on 18th June 2015 at £425,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 13.0% over the period since June 2015.
- Sold Jun 2015£425,000
- Sold May 2012£383,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1 Forge Cottage, Chelmsford have sold within a radius of 4.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd November 2023, was Willow End, The Street, Chelmsford, CM3 1HG, a freehold house which sold for £607,500.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on Back Lane, Pleshey, Chelmsford, CM3, 1 Forge Cottage, Chelmsford comes out as the 10th largest and the 8th most expensive in our analysis of the public data.
It is also £230k more expensive than the average property across the CM3 district.
More reading links
Schools Nearby
- 2.6kmFord End Church of England Primary School
- 3.4kmGreat Waltham Church of England Voluntary Controlled Primary School
- 4.7kmLittle Waltham Church of England Voluntary Aided Primary School
- 5.3kmChelmer Valley High School
- 6.9kmSt John Payne Catholic School, Chelmsford
- 7.9kmChelmsford County High School for Girls
More reading links
Public Transport Nearby
From 1 Forge Cottage, Chelmsford, the nearest station is Chelmsford, 8.6 kilometres away.
- 8.6kmChelmsford
- 9.1kmBeaulieu Park
- 12.6kmCressing (Essex)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
