18, Vernon Corner
18, Vernon Corner
Description & Estimates
Public records show 18, Vernon Corner, Ingatestone to be a modern leasehold apartment with 389 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
18, Vernon Corner, Ingatestone has an estimated sale value of £158,710 and an estimated rental value of £874 per month, assuming reasonable condition and based on the information available.
Vernon Corner, Stock, Ingatestone, CM4 lies in the borough of Chelmsford, within the CM4 postal district.
Our Data Sources
18, Vernon Corner, Ingatestone has 41 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated April 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 18, Vernon Corner, Ingatestone would be worth £166,645, with a potential rental value of £918 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £147,600, with a rental value of £813 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 18, Vernon Corner, Ingatestone has dropped by £3,074 (1.9%) over the last year. During the same period, its estimated monthly rental value has risen by £31 (3.5%). The property's estimated gross yield is currently 6.6%.
Energy Efficiency
18, Vernon Corner, Ingatestone has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
18, Vernon Corner, Ingatestone last changed hands on 2nd June 2015, selling for £138,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 2.7% since June 2015.
- Sold Jun 2015£138,000
- Sold Nov 2007£131,000
- Sold May 2004£117,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 2.4 kilometres of 18, Vernon Corner, Ingatestone across the last 2 years.
Most recently, 19, Vernon Corner, Ingatestone, CM4 9TD, a leasehold flat, sold at £125,000 on the 5th October 2015.
Read more about house prices in CM4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 18, Vernon Corner, Ingatestone as the 19th largest and the 19th most expensive of the 20 addresses on Vernon Corner, Stock, Ingatestone, CM4.
Against the CM4 postcode district average, it is £587k less expensive than the typical property.
More reading links
Schools Nearby
- 200mStock Church of England Primary School
- 2.8kmButtsbury Primary School
- 3.4kmMargaretting Church of England Voluntary Controlled Primary School
- 2.8kmMayflower High School
- 3.8kmAnglo European School
- 5.2kmThe Billericay School
More reading links
Public Transport Nearby
Ingatestone station is the nearest stop to 18, Vernon Corner, Ingatestone at 3.8 kilometres away.
- 3.8kmIngatestone
- 4.1kmBillericay
- 7.7kmWickford
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
