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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cutmore Place, Chelmsford is £362,789 and the estimated rental value is £1,413 per month.
Cutmore Place, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
2, Cutmore Place, Chelmsford has 31 entries in the Land Registry , most recently in May 2018 and a single entry in the EPC database dated February 2018.
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.
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 2, Cutmore Place, Chelmsford is in very good condition we estimate a sale value of £380,929 and a rental value of £1,484 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,394 and a rental value of £1,314 per month.
Over the last 12 months the sale value of 2 Cutmore Place Chelmsford has decreased by an estimated £3,560 (1.0%) and its rental value has increased by an estimated £48 per month (3.4%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 2, Cutmore Place, Chelmsford sits on a plot of 224m2.
We have plot size data on 7 out of 7 other houses in the postcode and 2, Cutmore Place, Chelmsford sits on the 3rd largest plot.
2, Cutmore Place, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2018.
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, 2, Cutmore Place, Chelmsford was last sold on 10th May 2018 for £298,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2018, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cutmore Place, Chelmsford within a radius of 550 metres over the last 2 years.
The most recent example is 82, Redmayne Drive, Chelmsford, CM2 9AG, a freehold house which sold for £353,000 on the 26th October 2022.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cutmore Place, Chelmsford, CM2 has a total of 7 addresses. According to our analysis of all the public data, 2, Cutmore Place, Chelmsford is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in CM2.
The closest station to 2, Cutmore Place, Chelmsford is Chelmsford station which is 1.6 kilometres 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 2, Cutmore Place, 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 2, Cutmore Place, 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 2, Cutmore Place, 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 2, Cutmore Place, 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.