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According to the public record, 2, Shrublands Close, Chelmsford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 711 ft2 of internal area and a garden.
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, Shrublands Close, Chelmsford is £236,155 and the estimated rental value is £1,242 per month.
Shrublands Close, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
2, Shrublands Close, Chelmsford has 51 entries in the Land Registry , most recently in May 2012 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 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, Shrublands Close, Chelmsford is in very good condition we estimate a sale value of £247,963 and a rental value of £1,304 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,624 and a rental value of £1,155 per month.
Over the last 12 months the sale value of 2 Shrublands Close Chelmsford has decreased by an estimated £10,494 (4.4%) and its rental value has increased by an estimated £21 per month (1.7%), giving an expected gross yield of 6.3%.
According to HM Land Registry, 2, Shrublands Close, Chelmsford was last sold on 2nd May 2012 for £168,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2012, the market for similar properties has risen 30.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Shrublands Close, Chelmsford within a radius of 490 metres over the last 2 years.
The most recent example is 30, Shrublands Close, Chelmsford, CM2 6LR, a leasehold flat which sold for £250,000 on the 26th April 2024.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shrublands Close, Chelmsford, CM2 has a total of 41 addresses. According to our analysis of all the public data, 2, Shrublands Close, Chelmsford is the 32nd largest and the 29th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in CM2.
The closest station to 2, Shrublands Close, Chelmsford is Chelmsford station which is 700 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Shrublands Close, Chelmsford, % of property is and % is .
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, Shrublands Close, Chelmsford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Shrublands Close, Chelmsford, 0.0% 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, Shrublands Close, Chelmsford, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
