Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show 15, Drood Close, Chelmsford to be a mid-century leasehold apartment with 581 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
15, Drood Close, Chelmsford has an estimated sale value of £180,335 and an estimated rental value of £1,115 per month, assuming reasonable condition and based on the information available.
Drood Close, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
15, Drood Close, Chelmsford has 21 entries in the Land Registry , most recently in December 2009 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 15, Drood Close, Chelmsford would be worth £189,352, with a potential rental value of £1,170 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £167,712, with a rental value of £1,037 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 15, Drood Close, Chelmsford has fallen by £2,571 (1.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £32 (2.9%). The property's estimated gross yield is currently 7.4%.
15, Drood Close, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
15, Drood Close, Chelmsford last changed hands on 11th December 2009, selling for £130,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 83.4% since December 2009.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 15, Drood Close, Chelmsford across the last 2 years.
Most recently, 25, Drood Close, Chelmsford, CM1 4XX, a leasehold flat, sold at £170,000 on the 17th January 2025.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 15, Drood Close, Chelmsford as the 14th largest and the 14th most expensive of the 22 addresses on Drood Close, Chelmsford, CM1.
Against the CM1 postcode district average, it is £234k less expensive than the typical property.
Chelmsford station is the nearest stop to 15, Drood Close, Chelmsford at 2.2 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Drood Close, Chelmsford, 46.0% of property is privately owned outright and 35.7% 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 15, Drood Close, Chelmsford, 19.9% of residents are recorded as possessing school level qualifications and 38.8% 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, Drood Close, Chelmsford, the average age was 43.2 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, Drood Close, 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, Drood Close, Chelmsford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
