2 The Oaks, Chelmsford
2 The Oaks, Chelmsford
Description & Estimates
According to the public record, 2 The Oaks, Chelmsford is a modern leasehold apartment with 667 ft2 of internal area.
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 The Oaks, Chelmsford is £204,670 and the estimated rental value is £1,022 per month.
The apartment is within The Oaks, Main Road, Boreham, Chelmsford, CM3.
Main Road, Boreham, Chelmsford, CM3 is located in the borough of Chelmsford within the CM3 postal district.
Our Data Sources
2 The Oaks, Chelmsford has 2 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 The Oaks, Chelmsford is in very good condition we estimate a sale value of £214,903 and a rental value of £1,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,343 and a rental value of £950 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2 The Oaks, Chelmsford has moved down by £2,536 (1.2%), while its estimated rental value has increased by £28 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
2 The Oaks, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Aug 2018.
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 The Oaks, Chelmsford was last sold on 29th May 2015 for £145,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has risen by 20.5%.
- Sold May 2015£145,000
- Sold Nov 2011£151,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Oaks, Chelmsford within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 13, Shearers Way, Chelmsford, CM3 3AE, a leasehold flat which sold for £195,000 on the 25th July 2024.
Read more about house prices in CM3.
- Sold Jul 2024£195,000 | 2 Bed Flat13, Shearers Way, Chelmsford, CM3 3AE13, Shearers Way, Chelmsford, CM3 3AE
- Sold Jul 2022£190,000 | 2 Bed Flat35, Shearers Way, Chelmsford, CM3 3AE35, Shearers Way, Chelmsford, CM3 3AE
- Sold Sep 2019£185,000 | 2 Bed Flat20, Shearers Way, Chelmsford, CM3 3AE20, Shearers Way, Chelmsford, CM3 3AE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Main Road, Boreham, Chelmsford, CM3 has a total of 127 addresses. According to our analysis of all the public data, 2 The Oaks, Chelmsford is the 106th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £288k less expensive than the average property in CM3.
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Schools Nearby
- 400mBoreham Primary School
- 3.3kmThe Bishops' Church of England and Roman Catholic Primary School
- 3.5kmSpringfield Primary School
- 4.0kmThe Boswells School
- 5.4kmChelmer Valley High School
- 5.6kmThe Sandon School
More reading links
Public Transport Nearby
The closest station to 2 The Oaks, Chelmsford is Beaulieu Park station, which is 1.8 kilometres away.
- 1.8kmBeaulieu Park
- 3.8kmHatfield Peverel
- 6.0kmChelmsford
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
