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According to the public record, 11, Redgates Place, Chelmsford is a modern freehold house with 1,571 ft2 of internal area and sits on a 383 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Redgates Place, Chelmsford is £720,445 and the estimated rental value is £2,260 per month.
Redgates Place, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
11, Redgates Place, Chelmsford has 41 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 11, Redgates Place, Chelmsford is in very good condition we estimate a sale value of £756,467 and a rental value of £2,373 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £670,014 and a rental value of £2,102 per month.
Over the last 12 months the sale value of 11 Redgates Place Chelmsford has decreased by an estimated £6,012 (0.8%) and its rental value has increased by an estimated £80 per month (3.5%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 11, Redgates Place, Chelmsford sits on a plot of 383m2.
We have plot size data on 31 out of 31 other houses in the postcode and 11, Redgates Place, Chelmsford sits on the 27th largest plot.
11, Redgates Place, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 11, Redgates Place, Chelmsford was last sold on 31st May 2023 for £733,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2023, the market for similar properties has dropped 26.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Redgates Place, Chelmsford within a radius of 660 metres over the last 2 years.
The most recent example is 22, Redgates Place, Chelmsford, CM2 6BG, a freehold house which sold for £673,000 on the 16th September 2021.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redgates Place, Chelmsford, CM2 has a total of 31 addresses. According to our analysis of all the public data, 11, Redgates Place, Chelmsford is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £313k more expensive than the average property in CM2.
The closest station to 11, Redgates Place, Chelmsford is Chelmsford station which is 1.6 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Redgates Place, Chelmsford, 42.5% of property is privately owned outright and 42.5% 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 11, Redgates Place, Chelmsford, 24.8% of residents are recorded as possessing school level qualifications and 48.1% 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 11, Redgates Place, Chelmsford, the average age was 41.4 and the most common age was 57.
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 11, Redgates Place, Chelmsford, 1.8% 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 11, Redgates Place, Chelmsford, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
