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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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15, Buchanan Way, Chelmsford is described in the public record as a modern house with 602 ft2 of internal area, sitting on a 221 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 15, Buchanan Way, Chelmsford is £277,395 and its rental estimate is £1,438 per month, given the available information and assuming reasonable condition.
Buchanan Way, Latchingdon, Chelmsford, CM3 falls within the CM3 postal district, in the borough of Maldon.
15, Buchanan Way, Chelmsford has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2013.
We combine this information with public data 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.
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 15, Buchanan Way, Chelmsford, we estimate a market value of £291,264 and a rental value of £1,510 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £257,977 and £1,338 per month respectively.
Over the last year, 15, Buchanan Way, Chelmsford has seen its estimated sale value fall by £4,204 (1.5%) and its estimated rental value move up by £41 per month (2.9%). This results in an estimated gross rental yield of 6.2%.
HM Land Registry records the plot of land for 15, Buchanan Way, Chelmsford as measuring 221 m2.
That makes it the 6th largest plot in the postcode, where 22 of the 33 other houses have recorded plot data.
15, Buchanan Way, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Nov 2013.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 15, Buchanan Way, Chelmsford completed on 21st January 2005 at £141,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 15, Buchanan Way, Chelmsford have sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th March 2024, was 10, Buchanan Way, Chelmsford, CM3 6HL, a freehold house which sold for £280,000.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 56 addresses on Buchanan Way, Latchingdon, Chelmsford, CM3, 15, Buchanan Way, Chelmsford comes out as the 23rd largest and the 25th most expensive in our analysis of the public data.
It is also £216k less expensive than the average property across the CM3 district.
From 15, Buchanan Way, Chelmsford, the nearest station is Althorne (Essex), 3.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Buchanan Way, Chelmsford, 33.3% of property is privately owned with a mortgage and 31.1% is socially rented.
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 15, Buchanan Way, Chelmsford, 19.7% of residents are recorded as possessing school level qualifications and 17.7% 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 15, Buchanan Way, Chelmsford, the average age was 45.9 and the most common age was 52.
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 15, Buchanan Way, 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 15, Buchanan Way, Chelmsford, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
