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According to the public record, 2 Maynetrees, Chelmsford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 969 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Maynetrees, Chelmsford is £406,141 and the estimated rental value is £1,797 per month.
The apartment is within Maynetrees, Waterloo Lane, Chelmsford, CM1.
Waterloo Lane, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
2 Maynetrees, Chelmsford has 2 entries in the Land Registry , most recently in March 2022 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 1 out of 5 and is considered of low 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 Maynetrees, Chelmsford is in very good condition we estimate a sale value of £426,448 and a rental value of £1,887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,711 and a rental value of £1,671 per month.
Over the last 12 months the sale value of 2 Maynetrees Chelmsford has decreased by an estimated £16,468 (4.1%) and its rental value has increased by an estimated £38 per month (2.1%), giving an expected gross yield of 5.3%.
According to HM Land Registry, 2 Maynetrees, Chelmsford was last sold on 25th March 2022 for £580,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2022, the market for similar properties has dropped 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Maynetrees, Chelmsford within a radius of 430 metres over the last 2 years.
The most recent example is 6 Waterloo Chambers, Waterloo Lane, Chelmsford, CM1 1BD, a leasehold flat which sold for £375,000 on the 15th April 2025.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waterloo Lane, Chelmsford, CM1 has a total of 43 addresses. According to our analysis of all the public data, 2 Maynetrees, Chelmsford is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £12 more expensive than the average property in CM1.
The closest station to 2 Maynetrees, Chelmsford is Chelmsford station which is 400 metres away.
According to recent data from Ofcom, standard broadband is available in this area.
According to recent data from Ofcom, Standard 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Maynetrees, 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 Maynetrees, 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 Maynetrees, 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 Maynetrees, 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.
