118, Burghley Way
118, Burghley Way
Description & Estimates
Public records show 118, Burghley Way, Chelmsford to be a modern leasehold apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
118, Burghley Way, Chelmsford has an estimated sale value of £231,918 and an estimated rental value of £1,156 per month, assuming reasonable condition and based on the information available.
Burghley Way, Chelmsford, CM2 lies in the borough of Chelmsford, within the CM2 postal district.
Our Data Sources
118, Burghley Way, Chelmsford has 21 entries in the Land Registry , most recently in May 2014 and a single entry in the EPC database dated April 2017.
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.
Price Range & Condition
In very good condition, we estimate 118, Burghley Way, Chelmsford would be worth £243,514, with a potential rental value of £1,214 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £215,684, with a rental value of £1,075 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 118, Burghley Way, Chelmsford has fallen by £3,264 (1.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £30 (2.6%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
118, Burghley Way, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Apr 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
118, Burghley Way, Chelmsford last changed hands on 16th May 2014, selling for £175,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 18.1% since May 2014.
- Sold May 2014£175,000
- Sold Sep 2006£170,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 118, Burghley Way, Chelmsford across the last 2 years.
Most recently, 110, Burghley Way, Chelmsford, CM2 9LQ, a leasehold flat, sold at £240,000 on the 27th August 2024.
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
Our analysis of the public data ranks 118, Burghley Way, Chelmsford as the 79th largest and the 79th most expensive of the 93 addresses on Burghley Way, Chelmsford, CM2.
Against the CM2 postcode district average, it is £176k less expensive than the typical property.
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Schools Nearby
- 500mMoulsham Infant School
- 500mMoulsham Junior School
- 600mOaklands Infant School
- 600mMoulsham High School
- 1.2kmGreat Baddow High School
- 2.2kmKing Edward VI Grammar School, Chelmsford
More reading links
Public Transport Nearby
Chelmsford station is the nearest stop to 118, Burghley Way, Chelmsford at 1.7 kilometres away.
- 1.7kmChelmsford
- 4.9kmBeaulieu Park
- 8.9kmIngatestone
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
