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According to the public record, 12, Gepps Close, Chelmsford is a mid-century freehold house with 1,184 ft2 of internal area and sits on a 433 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 12, Gepps Close, Chelmsford is £444,482 and the estimated rental value is £1,918 per month.
Gepps Close, High Easter, Chelmsford, CM1 is located in the borough of Uttlesford within the CM1 postal district.
12, Gepps Close, Chelmsford has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 12, Gepps Close, Chelmsford is in very good condition we estimate a sale value of £466,706 and a rental value of £2,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £413,368 and a rental value of £1,784 per month.
Over the last 12 months the sale value of 12 Gepps Close Chelmsford has decreased by an estimated £14,348 (3.2%) and its rental value has increased by an estimated £56 per month (2.9%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 12, Gepps Close, Chelmsford sits on a plot of 433m2.
We have plot size data on 14 out of 17 other houses in the postcode and 12, Gepps Close, Chelmsford sits on the 10th largest plot.
12, Gepps Close, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 12, Gepps Close, Chelmsford was last sold on 15th May 2023 for £475,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped 14.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Gepps Close, Chelmsford within a radius of 5.4 kilometres over the last 2 years.
The most recent example is 7, Gepps Close, Chelmsford, CM1 4QT, a freehold house which sold for £487,000 on the 24th June 2024.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gepps Close, High Easter, Chelmsford, CM1 has a total of 17 addresses. According to our analysis of all the public data, 12, Gepps Close, Chelmsford is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in CM1.
The closest station to 12, Gepps Close, Chelmsford is Stansted Airport station which is 11.0 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 12, Gepps Close, Chelmsford, 43.3% of property is privately owned outright and 24.6% 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 12, Gepps Close, Chelmsford, 17.7% of residents are recorded as possessing school level qualifications and 31.6% 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 12, Gepps Close, Chelmsford, the average age was 42.1 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 12, Gepps Close, Chelmsford, 3.8% 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 12, Gepps Close, Chelmsford, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
