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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 120, Heath Drive, Chelmsford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 824 ft2 of internal area and sits on a 213 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 120, Heath Drive, Chelmsford is £358,440 and the estimated rental value is £1,643 per month.
Heath Drive, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
120, Heath Drive, Chelmsford has a single entry in the Land Registry from September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 120, Heath Drive, Chelmsford is in very good condition we estimate a sale value of £376,362 and a rental value of £1,725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,349 and a rental value of £1,528 per month.
Over the last 12 months the sale value of 120 Heath Drive Chelmsford has decreased by an estimated £2,960 (0.8%) and its rental value has increased by an estimated £57 per month (3.5%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 120, Heath Drive, Chelmsford sits on a plot of 213m2.
We have plot size data on 19 out of 19 other houses in the postcode and 120, Heath Drive, Chelmsford sits on the 13th largest plot.
According to HM Land Registry, 120, Heath Drive, Chelmsford was last sold on 25th September 2007 for £196,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2007, the market for similar properties has risen 74.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 120, Heath Drive, Chelmsford within a radius of 500 metres over the last 2 years.
The most recent example is 9, Magnolia Close, Chelmsford, CM2 9HU, a freehold house which sold for £385,000 on the 17th June 2024.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heath Drive, Chelmsford, CM2 has a total of 144 addresses. According to our analysis of all the public data, 120, Heath Drive, Chelmsford is the 106th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in CM2.
The closest station to 120, Heath Drive, Chelmsford is Chelmsford station which is 2.4 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 120, Heath Drive, Chelmsford, 48.0% of property is privately owned outright and 42.4% 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 120, Heath Drive, Chelmsford, 21.9% of residents are recorded as possessing school level qualifications and 32.5% 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 120, Heath Drive, Chelmsford, the average age was 41.7 and the most common age was 47.
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 120, Heath Drive, Chelmsford, 0.0% 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 120, Heath Drive, Chelmsford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
