2, Gobions Farm Chase
2, Gobions Farm Chase
Description & Estimates
2, Gobions Farm Chase, Billericay is recorded publicly as a modern freehold house across 1,065 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Gobions Farm Chase, Billericay is £717,618 and its rental estimate is £2,510 per month, given the available information and assuming reasonable condition.
Gobions Farm Chase, Billericay, CM11 falls within the CM11 postal district, in the borough of Basildon.
Our Data Sources
2, Gobions Farm Chase, Billericay has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated July 2016.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Gobions Farm Chase, Billericay, we estimate a market value of £753,499 and a rental value of £2,636 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £667,385 and £2,334 per month respectively.
Recent Market Change
Over the last year, 2, Gobions Farm Chase, Billericay has seen its estimated sale value decrease by £10,002 (1.4%) and its estimated rental value grow by £77 per month (3.1%). This results in an estimated gross rental yield of 4.2%.
Energy Efficiency
2, Gobions Farm Chase, Billericay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jul 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler & underfloor, mains gas.
Sold Prices
The most recent sale of 2, Gobions Farm Chase, Billericay completed on 24th October 2016 at £625,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 23.4% over the period since October 2016.
- Sold Oct 2016£625,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Gobions Farm Chase, Billericay have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was 5, Magnolias, Billericay, CM11 2SH, a freehold house which sold for £625,000.
Read more about house prices in CM11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on Gobions Farm Chase, Billericay, CM11, 2, Gobions Farm Chase, Billericay comes out as the 5th largest and the 2nd most expensive in our analysis of the public data.
It is also £131k more expensive than the average property across the CM11 district.
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Schools Nearby
- 900mSouth Green Infant School
- 900mSouth Green Junior School
- 1.2kmSt Peter's Catholic Primary School
- 1.5kmThe Billericay School
- 3.3kmThe James Hornsby School
- 3.8kmMayflower High School
More reading links
Public Transport Nearby
From 2, Gobions Farm Chase, Billericay, the nearest station is Billericay, 2.7 kilometres away.
- 2.7kmBillericay
- 4.2kmLaindon
- 4.7kmBasildon
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
