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Bricks&Logic is a trading name of Urban Markets Ltd
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Registered Address: 2 Leman St, London E1 8FA
According to the public record, 178, Upper Bridge Road, Chelmsford is a modern leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 178, Upper Bridge Road, Chelmsford is £142,176 and the estimated rental value is £896 per month.
The apartment is within 178, Upper Bridge Road, Chelmsford, CM2.
Upper Bridge Road, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
178, Upper Bridge Road, Chelmsford has 41 entries in the Land Registry , most recently in June 2017 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 178, Upper Bridge Road, Chelmsford is in very good condition we estimate a sale value of £149,285 and a rental value of £941 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,224 and a rental value of £833 per month.
Over the last 12 months the sale value of 178 Upper Bridge Road Chelmsford has decreased by an estimated £4,150 (2.9%) and its rental value has increased by an estimated £33 per month (3.7%), giving an expected gross yield of 7.6%.
178, Upper Bridge Road, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Nov 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, 178, Upper Bridge Road, Chelmsford was last sold on 16th June 2017 for £131,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2017, the market for similar properties has risen 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 178, Upper Bridge Road, Chelmsford within a radius of 460 metres over the last 2 years.
The most recent example is 118, Parkinson Drive, Chelmsford, CM1 3GS, a leasehold flat which sold for £190,000 on the 1st November 2022.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper Bridge Road, Chelmsford, CM2 has a total of 247 addresses. According to our analysis of all the public data, 178, Upper Bridge Road, Chelmsford is the 240th largest and the 242nd most expensive property on the street.
When compared to the postcode district it is £257k less expensive than the average property in CM2.
The closest station to 178, Upper Bridge Road, Chelmsford is Chelmsford station which is 900 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 178, Upper Bridge 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 178, Upper Bridge 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 178, Upper Bridge 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 178, Upper Bridge 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.
