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According to the public record, 2, Gifford Close, Maldon is a modern freehold house with 1,001 ft2 of internal area.
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 2, Gifford Close, Maldon is £447,122 and the estimated rental value is £1,802 per month.
Gifford Close, Maldon, CM9 is located in the borough of Maldon within the CM9 postal district.
2, Gifford Close, Maldon has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Gifford Close, Maldon is in very good condition we estimate a sale value of £469,478 and a rental value of £1,892 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,823 and a rental value of £1,676 per month.
Over the last 12 months the sale value of 2 Gifford Close Maldon has decreased by an estimated £7,980 (1.8%) and its rental value has increased by an estimated £53 per month (2.9%), giving an expected gross yield of 4.8%.
2, Gifford Close, Maldon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Gifford Close, Maldon was last sold on 1st September 2023 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has dropped 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gifford Close, Maldon within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 1, Wigmore Avenue, Maldon, CM9 6LQ, a freehold house which sold for £409,450 on the 26th April 2024.
Read more about house prices in CM9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gifford Close, Maldon, CM9 has a total of 6 addresses. According to our analysis of all the public data, 2, Gifford Close, Maldon is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in CM9.
The closest station to 2, Gifford Close, Maldon is North Fambridge station which is 7.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Gifford Close, Maldon, % 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, Gifford Close, Maldon, 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, Gifford Close, Maldon, 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, Gifford Close, Maldon, 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.