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According to the public record, 2, St. Margarets Road, Chelmsford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,906 ft2 of internal area and sits on a 441 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, St. Margarets Road, Chelmsford is £542,891 and the estimated rental value is £2,458 per month.
St. Margarets Road, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
2, St. Margarets Road, Chelmsford has 21 entries in the Land Registry , most recently in July 2010 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 1 out of 5 and is considered of low 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, St. Margarets Road, Chelmsford is in very good condition we estimate a sale value of £570,036 and a rental value of £2,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £504,889 and a rental value of £2,286 per month.
Over the last 12 months the sale value of 2 St. Margarets Road Chelmsford has decreased by an estimated £7,332 (1.4%) and its rental value has increased by an estimated £78 per month (3.2%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 2, St. Margarets Road, Chelmsford sits on a plot of 441m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2, St. Margarets Road, Chelmsford sits on the largest plot.
According to HM Land Registry, 2, St. Margarets Road, Chelmsford was last sold on 2nd July 2010 for £440,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2010, the market for similar properties has risen 59.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, St. Margarets Road, Chelmsford within a radius of 570 metres over the last 2 years.
The most recent example is 77, Chelmer Road, Chelmsford, CM2 6AA, a freehold house which sold for £525,000 on the 17th November 2022.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Margarets Road, Chelmsford, CM2 has a total of 31 addresses. According to our analysis of all the public data, 2, St. Margarets Road, Chelmsford is the largest and the 4th most expensive property on the street.
When compared to the postcode district it is £135k more expensive than the average property in CM2.
The closest station to 2, St. Margarets Road, Chelmsford is Chelmsford station which is 1.8 kilometres 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, St. Margarets Road, Chelmsford, 38.4% of property is privately owned with a mortgage and 34.1% is privately rented.
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, St. Margarets Road, Chelmsford, 23.5% of residents are recorded as possessing school level qualifications and 42.6% 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, St. Margarets Road, Chelmsford, the average age was 38.9 and the most common age was 52.
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, St. Margarets Road, Chelmsford, 1.7% 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, St. Margarets Road, Chelmsford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.