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According to the public record, 22, Darnay Rise, Chelmsford is a modern leasehold apartment with 290 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Darnay Rise, Chelmsford is £123,128 and the estimated rental value is £795 per month.
Darnay Rise, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
22, Darnay Rise, Chelmsford has 31 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated April 2022.
We combine this information with that 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 22, Darnay Rise, Chelmsford is in very good condition we estimate a sale value of £129,284 and a rental value of £834 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,509 and a rental value of £739 per month.
Over the last 12 months the sale value of 22 Darnay Rise Chelmsford has decreased by an estimated £544 (0.4%) and its rental value has increased by an estimated £31 per month (3.8%), giving an expected gross yield of 7.7%.
22, Darnay Rise, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 22, Darnay Rise, Chelmsford was last sold on 8th December 2023 for £115,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2023, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Darnay Rise, Chelmsford within a radius of 600 metres over the last 2 years.
The most recent example is 34, Darnay Rise, Chelmsford, CM1 4XA, a leasehold flat which sold for £107,000 on the 14th June 2022.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Darnay Rise, Chelmsford, CM1 has a total of 66 addresses. According to our analysis of all the public data, 22, Darnay Rise, Chelmsford is the 56th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £292k less expensive than the average property in CM1.
The closest station to 22, Darnay Rise, Chelmsford is Chelmsford station which is 2.4 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 22, Darnay Rise, Chelmsford, 28.6% of property is privately owned outright and 23.2% is socially 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 22, Darnay Rise, Chelmsford, 10.4% of residents are recorded as possessing school level qualifications and 26.0% 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 22, Darnay Rise, Chelmsford, the average age was 40.5 and the most common age was 37.
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 22, Darnay Rise, 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 22, Darnay Rise, Chelmsford, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
