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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 175, Springfield Road, Chelmsford is £296,266 and the estimated rental value is £1,527 per month.
Springfield Road, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
175, Springfield Road, Chelmsford has 2 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 175, Springfield Road, Chelmsford is in very good condition we estimate a sale value of £311,079 and a rental value of £1,603 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,527 and a rental value of £1,420 per month.
Over the last 12 months the sale value of 175 Springfield Road Chelmsford has decreased by an estimated £9,867 (3.3%) and its rental value has increased by an estimated £46 per month (3.0%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 175, Springfield Road, Chelmsford sits on a plot of 134m2.
We have plot size data on 11 out of 16 other houses in the postcode and 175, Springfield Road, Chelmsford sits on the 5th largest plot.
175, Springfield Road, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 175, Springfield Road, Chelmsford was last sold on 9th July 2021 for £291,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2021, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 175, Springfield Road, Chelmsford within a radius of 500 metres over the last 2 years.
The most recent example is 12, Riverside, Chelmsford, CM2 6LL, a freehold house which sold for £279,000 on the 22nd November 2024.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Chelmsford, CM2 has a total of 525 addresses. According to our analysis of all the public data, 175, Springfield Road, Chelmsford is the 197th largest and the 161st most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in CM2.
The closest station to 175, Springfield Road, Chelmsford is Chelmsford station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 175, Springfield Road, Chelmsford, % of property is and % is .
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 175, Springfield Road, Chelmsford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 175, Springfield Road, 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 175, Springfield Road, Chelmsford, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.