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According to the public record, 2, Old Mill Close, Maldon is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 641 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Old Mill Close, Maldon is £154,031 and the estimated rental value is £951 per month.
Old Mill Close, Maldon, CM9 is located in the borough of Maldon within the CM9 postal district.
2, Old Mill Close, Maldon has 21 entries in the Land Registry , most recently in July 2017 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.
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, Old Mill Close, Maldon is in very good condition we estimate a sale value of £161,733 and a rental value of £998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,249 and a rental value of £884 per month.
Over the last 12 months the sale value of 2 Old Mill Close Maldon has decreased by an estimated £3,374 (2.2%) and its rental value has increased by an estimated £26 per month (2.7%), giving an expected gross yield of 7.4%.
According to HM Land Registry, 2, Old Mill Close, Maldon was last sold on 14th July 2017 for £145,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2017, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Old Mill Close, Maldon within a radius of 600 metres over the last 2 years.
The most recent example is 29 Embassy Court, High Street, Maldon, CM9 5EG, a leasehold flat which sold for £270,000 on the 7th January 2025.
Read more about house prices in CM9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Mill Close, Maldon, CM9 has a total of 18 addresses. According to our analysis of all the public data, 2, Old Mill Close, Maldon is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in CM9.
The closest station to 2, Old Mill Close, Maldon is Hatfield Peverel station which is 8.1 kilometres 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, Old Mill Close, Maldon, 39.9% of property is privately rented and 29.0% 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, Old Mill Close, Maldon, 14.2% of residents are recorded as possessing school level qualifications and 36.5% 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, Old Mill Close, Maldon, the average age was 45.6 and the most common age was 57.
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, Old Mill Close, Maldon, 0.9% 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, Old Mill Close, Maldon, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.