12, Park Avenue
12, Park Avenue
Description & Estimates
12, Park Avenue, Chelmsford is recorded publicly as a period leasehold apartment across 419 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of 12, Park Avenue, Chelmsford is £175,913 and its rental estimate is £1,055 per month, given the available information and assuming reasonable condition.
Park Avenue, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
12, Park Avenue, Chelmsford has 51 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 12, Park Avenue, Chelmsford, we estimate a market value of £184,708 and a rental value of £1,108 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £163,599 and £981 per month respectively.
Recent Market Change
Over the last year, 12, Park Avenue, Chelmsford has seen its estimated sale value decrease by £2,475 (1.4%) and its estimated rental value grow by £34 per month (3.3%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
12, Park Avenue, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Mar 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 12, Park Avenue, Chelmsford completed on 22nd November 2024 at £180,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 10.9% over the period since November 2024.
- Sold Nov 2024£180,000
- Sold Dec 2016£149,000
- Sold Sep 2006£118,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Park Avenue, Chelmsford have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2025, was 43, Rainsford Road, Chelmsford, CM1 2QJ, a leasehold flat which sold for £180,000.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 70 addresses on Park Avenue, Chelmsford, CM1, 12, Park Avenue, Chelmsford comes out as the 70th largest and the 70th most expensive in our analysis of the public data.
It is also £239k less expensive than the average property across the CM1 district.
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Schools Nearby
- 400mMaltese Road Primary School
- 500mKings Road Primary School
- 800mWestlands Community Primary School
- 500mKing Edward VI Grammar School, Chelmsford
- 800mChelmsford County High School for Girls
- 1.3kmSt John Payne Catholic School, Chelmsford
More reading links
Public Transport Nearby
From 12, Park Avenue, Chelmsford, the nearest station is Chelmsford, 1.0 kilometres away.
- 1.0kmChelmsford
- 4.7kmBeaulieu Park
- 9.6kmIngatestone
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
