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Bricks&Logic is a trading name of Urban Markets Ltd
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Orchard Way, Chelmsford is a modern freehold house with 1,786 ft2 of internal area and sits on a 417 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Orchard Way, Chelmsford is £637,289 and the estimated rental value is £2,334 per month.
Orchard Way, Boreham, Chelmsford, CM3 is located in the borough of Chelmsford within the CM3 postal district.
2, Orchard Way, Chelmsford has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Orchard Way, Chelmsford is in very good condition we estimate a sale value of £669,154 and a rental value of £2,451 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £592,679 and a rental value of £2,171 per month.
Over the last 12 months the sale value of 2 Orchard Way Chelmsford has decreased by an estimated £10,418 (1.6%) and its rental value has increased by an estimated £70 per month (3.0%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 2, Orchard Way, Chelmsford sits on a plot of 417m2.
We have plot size data on 39 out of 62 other houses in the postcode and 2, Orchard Way, Chelmsford sits on the 5th largest plot.
2, Orchard Way, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Orchard Way, Chelmsford was last sold on 29th August 2019 for £659,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2019, the market for similar properties has risen 23.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Orchard Way, Chelmsford within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 108, Orchard Way, Chelmsford, CM3 3GR, a freehold house which sold for £725,000 on the 19th May 2021.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Way, Boreham, Chelmsford, CM3 has a total of 112 addresses. According to our analysis of all the public data, 2, Orchard Way, Chelmsford is the 3rd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in CM3.
The closest station to 2, Orchard Way, Chelmsford is Beaulieu Park station which is 2.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Orchard Way, Chelmsford, 45.9% of property is privately owned with a mortgage and 39.3% 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, Orchard Way, Chelmsford, 19.7% of residents are recorded as possessing school level qualifications and 33.4% 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, Orchard Way, Chelmsford, the average age was 39.5 and the most common age was 47.
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, Orchard Way, Chelmsford, 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, Orchard Way, Chelmsford, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
