1 Norrells Cottages, Chelmsford
1 Norrells Cottages, Chelmsford
Description & Estimates
1 Norrells Cottages, Chelmsford is described in the public record as a period house with 1,097 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1 Norrells Cottages, Chelmsford is £394,318 and its rental estimate is £1,978 per month, given the available information and assuming reasonable condition.
Terling, Chelmsford, CM3 falls within the CM3 postal district, in the borough of Braintree.
Our Data Sources
1 Norrells Cottages, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data 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 Norrells Cottages, Chelmsford, we estimate a market value of £414,033 and a rental value of £2,077 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £366,715 and £1,839 per month respectively.
Recent Market Change
Over the last year, 1 Norrells Cottages, Chelmsford has seen its estimated sale value decline by £5,607 (1.4%) and its estimated rental value climb by £58 per month (2.9%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
1 Norrells Cottages, Chelmsford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Aug 2021.
The property is not connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1 Norrells Cottages, Chelmsford have sold within a radius of 3.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2017, was 4, Oakfield Lane, Chelmsford, CM3 2QU, a freehold house which sold for £350,000.
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 30 addresses on Terling, Chelmsford, CM3, 1 Norrells Cottages, Chelmsford comes out as the 13th largest and the 28th most expensive in our analysis of the public data.
It is also £99k less expensive than the average property across the CM3 district.
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Schools Nearby
- 900mTerling Church of England Voluntary Aided Primary School
- 4.2kmWhite Notley Church of England Voluntary Controlled Primary School
- 4.3kmHatfield Peverel Infant and Nursery School
- 5.0kmLift Maltings
- 5.5kmLift New Rickstones
- 7.2kmChelmer Valley High School
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Public Transport Nearby
From 1 Norrells Cottages, Chelmsford, the nearest station is Hatfield Peverel, 3.1 kilometres away.
- 3.1kmHatfield Peverel
- 5.0kmWhite Notley
- 5.4kmWitham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
