15, Wharf Road
15, Wharf Road
Description & Estimates
15, Wharf Road, Chelmsford is recorded publicly as a modern leasehold apartment across 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 15, Wharf Road, Chelmsford is £227,689 and its rental estimate is £1,125 per month, given the available information and assuming reasonable condition.
Wharf Road, Chelmsford, CM2 falls within the CM2 postal district, in the borough of Chelmsford.
Our Data Sources
15, Wharf Road, Chelmsford has a single entry in the Land Registry from July 2016 and a single entry in the EPC database dated May 2016.
We combine this information with that 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.
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 15, Wharf Road, Chelmsford, we estimate a market value of £239,073 and a rental value of £1,182 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £211,750 and £1,047 per month respectively.
Recent Market Change
Over the last year, 15, Wharf Road, Chelmsford has seen its estimated sale value drop by £3,205 (1.4%) and its estimated rental value rise by £29 per month (2.6%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
15, Wharf Road, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 May 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 15, Wharf Road, Chelmsford completed on 1st July 2016 at £185,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 6.1% over the period since July 2016.
- Sold Jul 2016£185,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Wharf Road, Chelmsford have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th September 2023, was 81, Wharf Road, Chelmsford, CM2 6FS, a leasehold flat which sold for £240,000.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 543 addresses on Wharf Road, Chelmsford, CM2, 15, Wharf Road, Chelmsford comes out as the 521st largest and the 320th most expensive in our analysis of the public data.
It is also £180k less expensive than the average property across the CM2 district.
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Schools Nearby
- 500mTrinity Road Primary School
- 600mThe Cathedral Church of England Voluntary Aided Primary School, Chelmsford
- 900mOur Lady Immaculate Catholic Primary School
- 1.4kmKing Edward VI Grammar School, Chelmsford
- 1.5kmChelmsford County High School for Girls
- 1.6kmMoulsham High School
More reading links
Public Transport Nearby
From 15, Wharf Road, Chelmsford, the nearest station is Chelmsford, 900 metres away.
- 900mChelmsford
- 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 medium, based on Environment Agency data.
