2, Mill Lane
2, Mill Lane
Description & Estimates
According to the public record, 2, Mill Lane, Chelmsford is a freehold house that sits on a 891 m2 plot.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,952 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mill Lane, Chelmsford is £929,477 and the estimated rental value is £2,845 per month.
Mill Lane, Danbury, Chelmsford, CM3 is located in the borough of Chelmsford within the CM3 postal district.
Our Data Sources
2, Mill Lane, Chelmsford has 41 entries in the Land Registry , most recently in October 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, Mill Lane, Chelmsford is in very good condition we estimate a sale value of £975,951 and a rental value of £2,987 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £864,414 and a rental value of £2,645 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Mill Lane, Chelmsford has dropped by £18,886 (2.0%), while its estimated rental value has risen by £60 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 3.7%.
Plot Size
According to data from HM Land Registry, 2, Mill Lane, Chelmsford sits on a plot of 891 m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Mill Lane, Chelmsford sits on the 8th largest plot.
Sold Prices
According to HM Land Registry, 2, Mill Lane, Chelmsford was last sold on 28th October 2009 for £575,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since October 2009, the market for similar properties has risen by 57.1%.
- Sold Oct 2009£575,000
- Sold Dec 2006£550,000
- Sold Dec 2003£445,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mill Lane, Chelmsford within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 13, Hyde Lane, Chelmsford, CM3 4QT, a freehold house which sold for £840,000 on the 4th January 2022.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mill Lane, Danbury, Chelmsford, CM3 has a total of 103 addresses. According to our analysis of all the public data, 2, Mill Lane, Chelmsford is the 20th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £437k more expensive than the average property in CM3.
More reading links
Schools Nearby
- 1.3kmSt John Church of England Voluntary Controlled Primary School Danbury
- 1.9kmPriory Primary School, Bicknacre
- 2.2kmDanbury Park Community Primary School
- 5.5kmThe Sandon School
- 5.9kmPlume School
- 7.6kmGreat Baddow High School
More reading links
Public Transport Nearby
The closest station to 2, Mill Lane, Chelmsford is South Woodham Ferrers station, which is 7.0 kilometres away.
- 7.0kmSouth Woodham Ferrers
- 7.2kmBeaulieu Park
- 7.5kmHatfield Peverel
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
