116, Meadgate Avenue
116, Meadgate Avenue
Description & Estimates
According to the public record, 116, Meadgate Avenue, Chelmsford is a mid-century leasehold apartment with 753 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 116, Meadgate Avenue, Chelmsford is £219,948 and the estimated rental value is £1,238 per month.
Meadgate Avenue, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
Our Data Sources
116, Meadgate Avenue, Chelmsford has 21 entries in the Land Registry , most recently in December 2009 and a single entry in the EPC database dated September 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.
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 116, Meadgate Avenue, Chelmsford is in very good condition we estimate a sale value of £230,945 and a rental value of £1,300 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,552 and a rental value of £1,152 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 116, Meadgate Avenue, Chelmsford has fallen by £3,096 (1.4%), while its estimated rental value has moved up by £32 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Energy Efficiency
116, Meadgate Avenue, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 116, Meadgate Avenue, Chelmsford was last sold on 22nd December 2009 for £118,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2009, the market for similar properties has risen by 66.9%.
- Sold Dec 2009£118,000
- Sold Oct 1998£44,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Meadgate Avenue, Chelmsford within a radius of 570 metres over the last 2 years.
The most recent example is 130, Meadgate Avenue, Chelmsford, CM2 7LH, a leasehold flat which sold for £155,000 on the 10th September 2019.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Meadgate Avenue, Chelmsford, CM2 has a total of 396 addresses. According to our analysis of all the public data, 116, Meadgate Avenue, Chelmsford is the 251st largest and the 237th most expensive property on the street.
When compared to the postcode district it is £188k less expensive than the average property in CM2.
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Schools Nearby
- 400mMeadgate Primary School
- 1.0kmLarkrise Primary School
- 1.2kmTrinity Road Primary School
- 1.2kmGreat Baddow High School
- 1.4kmMoulsham High School
- 2.2kmThe Sandon School
More reading links
Public Transport Nearby
The closest station to 116, Meadgate Avenue, Chelmsford is Chelmsford station, which is 1.9 kilometres away.
- 1.9kmChelmsford
- 4.2kmBeaulieu Park
- 9.4kmHatfield Peverel
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.
