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2, Lake Mead, Maldon appears in the public record as a freehold house sitting on a 440 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,937 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 2, Lake Mead, Maldon is £546,259 and its rental estimate is £2,593 per month, given the available information and assuming reasonable condition.
Lake Mead, Heybridge, Maldon, CM9 falls within the CM9 postal district, in the borough of Maldon.
2, Lake Mead, Maldon has a single entry in the Land Registry from June 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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, Lake Mead, Maldon, we estimate a market value of £573,572 and a rental value of £2,723 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £508,021 and £2,412 per month respectively.
Over the last year, 2, Lake Mead, Maldon has seen its estimated sale value move down by £9,657 (1.8%) and its estimated rental value increase by £58 per month (2.2%). This results in an estimated gross rental yield of 5.7%.
HM Land Registry records the plot of land for 2, Lake Mead, Maldon as measuring 440 m2.
That makes it the largest plot in the postcode, where 11 of the 13 other houses have recorded plot data.
The most recent sale of 2, Lake Mead, Maldon completed on 16th June 2009 at £395,000 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 96.7% over the period since June 2009.
Over the past 2 years 3 properties similar to 2, Lake Mead, Maldon have sold within a radius of 910 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th November 2024, was 10, Lake Mead, Maldon, CM9 4UJ, a freehold house which sold for £535,000.
Read more about house prices in CM9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 13 addresses on Lake Mead, Heybridge, Maldon, CM9, 2, Lake Mead, Maldon comes out as the largest and the most expensive in our analysis of the public data.
It is also £145k more expensive than the average property across the CM9 district.
From 2, Lake Mead, Maldon, the nearest station is Hatfield Peverel, 8.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lake Mead, 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, Lake Mead, 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, Lake Mead, 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, Lake Mead, 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.