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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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23, Milton Place, Chelmsford is described in the public record as a mid-century apartment with 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 23, Milton Place, Chelmsford is £175,007 and its rental estimate is £1,105 per month, given the available information and assuming reasonable condition.
Milton Place, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
23, Milton Place, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 23, Milton Place, Chelmsford, we estimate a market value of £183,757 and a rental value of £1,160 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £162,756 and £1,027 per month respectively.
Over the last year, 23, Milton Place, Chelmsford has seen its estimated sale value move down by £2,495 (1.4%) and its estimated rental value increase by £32 per month (2.9%). This results in an estimated gross rental yield of 7.6%.
23, Milton Place, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 23, Milton Place, Chelmsford have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th August 2024, was Flat 6, 44, Eastern Crescent, Chelmsford, CM1 4JQ, a leasehold flat which sold for £195,000.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 42 addresses on Milton Place, Chelmsford, CM1, 23, Milton Place, Chelmsford comes out as the 22nd largest and the 22nd most expensive in our analysis of the public data.
It is also £240k less expensive than the average property across the CM1 district.
From 23, Milton Place, Chelmsford, the nearest station is Chelmsford, 1.2 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Milton Place, Chelmsford, 64.7% of property is socially rented and 20.8% 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 23, Milton Place, Chelmsford, 20.9% of residents are recorded as possessing school level qualifications and 24.1% 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 23, Milton Place, Chelmsford, the average age was 38.4 and the most common age was 12.
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 23, Milton Place, 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 23, Milton Place, Chelmsford, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
