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According to the public record, 2, Meteor Way, Chelmsford is a modern apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Meteor Way, Chelmsford is £156,095 and the estimated rental value is £976 per month.
Meteor Way, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
2, Meteor Way, Chelmsford has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Meteor Way, Chelmsford is in very good condition we estimate a sale value of £163,900 and a rental value of £1,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,168 and a rental value of £908 per month.
Over the last 12 months the sale value of 2 Meteor Way Chelmsford has decreased by an estimated £3,544 (2.3%) and its rental value has increased by an estimated £39 per month (4.0%), giving an expected gross yield of 7.5%.
2, Meteor Way, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Meteor Way, Chelmsford was last sold on 17th January 2000 for £40,700 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Meteor Way, Chelmsford within a radius of 600 metres over the last 2 years.
The most recent example is 9, Meteor Way, Chelmsford, CM1 2RL, a leasehold flat which sold for £158,000 on the 23rd July 2025.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meteor Way, Chelmsford, CM1 has a total of 12 addresses. According to our analysis of all the public data, 2, Meteor Way, Chelmsford is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £250k less expensive than the average property in CM1.
The closest station to 2, Meteor Way, Chelmsford is Chelmsford station which is 800 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Meteor Way, Chelmsford, 38.8% of property is socially rented and 24.8% is privately owned outright.
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, Meteor Way, Chelmsford, 12.2% of residents are recorded as possessing school level qualifications and 30.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Meteor Way, Chelmsford, the average age was 38.2 and the most common age was 32.
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, Meteor Way, 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, Meteor Way, Chelmsford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.