124, Broomfield Road
124, Broomfield Road
Description & Estimates
124, Broomfield Road, Chelmsford appears in the public record as a freehold house sitting on a 641 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,432 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 124, Broomfield Road, Chelmsford is £759,527 and its rental estimate is £2,427 per month, given the available information and assuming reasonable condition.
Broomfield Road, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
124, Broomfield Road, Chelmsford has 21 entries in the Land Registry , most recently in November 2016 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 4 out of 5 and is considered of high 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 124, Broomfield Road, Chelmsford, we estimate a market value of £797,503 and a rental value of £2,549 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £706,360 and £2,258 per month respectively.
Recent Market Change
Over the last year, 124, Broomfield Road, Chelmsford has seen its estimated sale value decline by £5,878 (0.8%) and its estimated rental value climb by £84 per month (3.5%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for 124, Broomfield Road, Chelmsford as measuring 641 m2.
That makes it the 16th largest plot in the postcode, where 22 of the 23 other houses have recorded plot data.
Sold Prices
The most recent sale of 124, Broomfield Road, Chelmsford completed on 4th November 2016 at £600,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 25.9% over the period since November 2016.
- Sold Nov 2016£600,000
- Sold Jun 2002£260,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 124, Broomfield Road, Chelmsford have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th November 2024, was 8, First Avenue, Chelmsford, CM1 1RU, a freehold house which sold for £665,000.
Read more about house prices in CM1.
- Sold Nov 2024£665,000 | 4 Bed House8, First Avenue, Chelmsford, CM1 1RU8, First Avenue, Chelmsford, CM1 1RU
- Sold Dec 2022£820,000 | 4 Bed House16, Westfield Avenue, Chelmsford, CM1 1SF16, Westfield Avenue, Chelmsford, CM1 1SF
- Sold Mar 2021£740,000 | 4 Bed House4, Westfield Avenue, Chelmsford, CM1 1SF4, Westfield Avenue, Chelmsford, CM1 1SF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 523 addresses on Broomfield Road, Chelmsford, CM1, 124, Broomfield Road, Chelmsford comes out as the 55th largest and the 28th most expensive in our analysis of the public data.
It is also £345k more expensive than the average property across the CM1 district.
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Schools Nearby
- 500mKings Road Primary School
- 500mMaltese Road Primary School
- 600mSt Pius X Catholic Primary School
- 200mChelmsford County High School for Girls
- 600mKing Edward VI Grammar School, Chelmsford
- 800mSt John Payne Catholic School, Chelmsford
More reading links
Public Transport Nearby
From 124, Broomfield Road, Chelmsford, the nearest station is Chelmsford, 1.0 kilometres away.
- 1.0kmChelmsford
- 3.9kmBeaulieu Park
- 9.4kmHatfield Peverel
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
