Our Data Sources
2, Penrose Mead, Chelmsford has 21 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Penrose Mead, Chelmsford is in very good condition we estimate a sale value of £1,095,570 and a rental value of £3,579 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £970,362 and a rental value of £3,170 per month.
Plot Size
According to data from HM Land Registry, 2, Penrose Mead, Chelmsford sits on a plot of 942 m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Penrose Mead, Chelmsford sits on the 3rd largest plot.
Energy Efficiency
2, Penrose Mead, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Penrose Mead, Chelmsford was last sold on 11th August 2022 for £1,050,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2022, the market for similar properties has dropped by 17.1%.
- Sold Aug 2022£1,050,000
- Sold Jan 1996£274,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 15 sales of properties similar to 2, Penrose Mead, Chelmsford within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 5, Whitehead Close, Chelmsford, CM1 3GJ, a freehold house which sold for £1,000,000 on the 2nd December 2022.
Read more about house prices in CM1.
- Sold Dec 2022£1,000,000 | 5 Bed House5, Whitehead Close, Chelmsford, CM1 3GJ5, Whitehead Close, Chelmsford, CM1 3GJ
- Sold Aug 2017£735,000 | 5 Bed House8A, Lodge Road, Chelmsford, CM1 3HB8A, Lodge Road, Chelmsford, CM1 3HB
- Sold Jul 2017£1,015,000 | 5 Bed House1, Penrose Mead, Chelmsford, CM1 3GD1, Penrose Mead, Chelmsford, CM1 3GD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Penrose Mead, Writtle, Chelmsford, CM1 has a total of 3 addresses. According to our analysis of all the public data, 2, Penrose Mead, Chelmsford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £631k more expensive than the average property in CM1.
More reading links
Schools Nearby
- Writtle Infant School400 m away
- Writtle Junior School400 m away
- Westlands Community Primary School1.6 km away
- Hylands School700 m away
- King Edward VI Grammar School, Chelmsford2.8 km away
- Moulsham High School3.0 km away
More reading links
Public Transport Nearby
- Chelmsford|2.8 km away
- Beaulieu Park|7.0 km away
- Ingatestone|7.4 km away
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
