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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
1, Willow Close, Chelmsford is recorded publicly as a mid-century freehold house across 1,259 ft2 of internal area, sitting on a 314 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Willow Close, Chelmsford is £518,986 and its rental estimate is £2,035 per month, given the available information and assuming reasonable condition.
Willow Close, Broomfield, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
1, Willow Close, Chelmsford has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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, Willow Close, Chelmsford, we estimate a market value of £544,935 and a rental value of £2,137 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £482,657 and £1,892 per month respectively.
Over the last year, 1, Willow Close, Chelmsford has seen its estimated sale value decline by £4,017 (0.8%) and its estimated rental value climb by £71 per month (3.5%). This results in an estimated gross rental yield of 4.7%.
HM Land Registry records the plot of land for 1, Willow Close, Chelmsford as measuring 314 m2.
That makes it the 2nd largest plot in the postcode, where 16 of the 17 other houses have recorded plot data.
1, Willow Close, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Willow Close, Chelmsford completed on 22nd February 2022 at £500,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 2.5% over the period since February 2022.
Over the past 2 years 3 properties similar to 1, Willow Close, Chelmsford have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th October 2023, was 2, Julian Close, Chelmsford, CM1 7AZ, a freehold house which sold for £455,000.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 17 addresses on Willow Close, Broomfield, Chelmsford, CM1, 1, Willow Close, Chelmsford comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £104k more expensive than the average property across the CM1 district.
From 1, Willow Close, Chelmsford, the nearest station is Chelmsford, 3.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Willow Close, Chelmsford, 48.7% of property is privately owned with a mortgage and 38.5% is privately owned outright.
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, Willow Close, Chelmsford, 17.4% of residents are recorded as possessing school level qualifications and 30.1% 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, Willow Close, Chelmsford, the average age was 43.2 and the most common age was 52.
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, Willow Close, Chelmsford, 0.0% 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, Willow Close, Chelmsford, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
