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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Paddock Drive, Chelmsford is a mid-century house with 990 ft2 of internal area and sits on a 257 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Paddock Drive, Chelmsford is £403,464 and the estimated rental value is £1,828 per month.
Paddock Drive, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
2, Paddock Drive, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
We combine this information with public data 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, Paddock Drive, Chelmsford is in very good condition we estimate a sale value of £423,637 and a rental value of £1,919 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,221 and a rental value of £1,700 per month.
Over the last 12 months the sale value of 2 Paddock Drive Chelmsford has decreased by an estimated £13,207 (3.3%) and its rental value has increased by an estimated £53 per month (2.9%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 2, Paddock Drive, Chelmsford sits on a plot of 257m2.
We have plot size data on 44 out of 44 other houses in the postcode and 2, Paddock Drive, Chelmsford sits on the 15th largest plot.
2, Paddock Drive, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Paddock Drive, Chelmsford within a radius of 560 metres over the last 2 years.
The most recent example is 6, Paddock Drive, Chelmsford, CM1 6SS, a freehold house which sold for £425,000 on the 20th September 2024.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paddock Drive, Chelmsford, CM1 has a total of 74 addresses. According to our analysis of all the public data, 2, Paddock Drive, Chelmsford is the 47th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in CM1.
The closest station to 2, Paddock Drive, Chelmsford is Beaulieu Park station which is 1.7 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Paddock Drive, Chelmsford, 52.3% of property is privately owned outright and 41.4% is privately owned with a mortgage.
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, Paddock Drive, Chelmsford, 16.1% of residents are recorded as possessing school level qualifications and 37.8% 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, Paddock Drive, Chelmsford, the average age was 39.5 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, Paddock Drive, Chelmsford, 1.2% 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, Paddock Drive, 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.
