16, Shearers Way
16, Shearers Way
Description & Estimates
16, Shearers Way, Chelmsford is recorded publicly as a modern leasehold apartment across 355 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 16, Shearers Way, Chelmsford is £147,913 and its rental estimate is £748 per month, given the available information and assuming reasonable condition.
Shearers Way, Boreham, Chelmsford, CM3 falls within the CM3 postal district, in the borough of Chelmsford.
Our Data Sources
16, Shearers Way, Chelmsford has 61 entries in the Land Registry , most recently in February 2025 and a single entry in the EPC database dated March 2022.
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 16, Shearers Way, Chelmsford, we estimate a market value of £155,309 and a rental value of £786 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £137,559 and £696 per month respectively.
Recent Market Change
Over the last year, 16, Shearers Way, Chelmsford has seen its estimated sale value fall by £508 (0.3%) and its estimated rental value move up by £27 per month (3.5%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
16, Shearers Way, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 16, Shearers Way, Chelmsford completed on 3rd February 2025 at £130,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 1.0% over the period since February 2025.
- Sold Feb 2025£130,000
- Sold Apr 2021£130,000
- Sold May 2017£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Shearers Way, Chelmsford have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd April 2022, was 18, Shearers Way, Chelmsford, CM3 3AE, a leasehold flat which sold for £160,000.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 36 addresses on Shearers Way, Boreham, Chelmsford, CM3, 16, Shearers Way, Chelmsford comes out as the 30th largest and the 33rd most expensive in our analysis of the public data.
It is also £345k less expensive than the average property across the CM3 district.
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Schools Nearby
- 700mBoreham Primary School
- 3.7kmThe Bishops' Church of England and Roman Catholic Primary School
- 3.8kmSpringfield Primary School
- 4.3kmThe Boswells School
- 5.6kmChelmer Valley High School
- 5.9kmThe Sandon School
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Public Transport Nearby
From 16, Shearers Way, Chelmsford, the nearest station is Beaulieu Park, 2.1 kilometres away.
- 2.1kmBeaulieu Park
- 3.5kmHatfield Peverel
- 6.3kmChelmsford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
