243, Meadgate Avenue
243, Meadgate Avenue
Description & Estimates
243, Meadgate Avenue, Chelmsford is described in the public record as a mid-century apartment with 415 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 243, Meadgate Avenue, Chelmsford is £144,099 and its rental estimate is £922 per month, given the available information and assuming reasonable condition.
Meadgate Avenue, Chelmsford, CM2 falls within the CM2 postal district, in the borough of Chelmsford.
Our Data Sources
243, Meadgate Avenue, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated July 2009.
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.
Price Range & Condition
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 243, Meadgate Avenue, Chelmsford, we estimate a market value of £151,304 and a rental value of £968 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £134,012 and £858 per month respectively.
Recent Market Change
Over the last year, 243, Meadgate Avenue, Chelmsford has seen its estimated sale value decrease by £997 (0.7%) and its estimated rental value grow by £34 per month (3.7%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
243, Meadgate Avenue, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jul 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 243, Meadgate Avenue, Chelmsford have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2022, was 409, Meadgate Avenue, Chelmsford, CM2 7NN, a leasehold flat which sold for £159,000.
Read more about house prices in CM2.
- Sold Apr 2022£159,000 | 1 Bed Flat409, Meadgate Avenue, Chelmsford, CM2 7NN409, Meadgate Avenue, Chelmsford, CM2 7NN
- Sold Jan 2021£140,000 | 1 Bed Flat219, Meadgate Avenue, Chelmsford, CM2 7NJ219, Meadgate Avenue, Chelmsford, CM2 7NJ
- Sold Jan 2019£140,000 | 2 Bed Flat267, Meadgate Avenue, Chelmsford, CM2 7NJ267, Meadgate Avenue, Chelmsford, CM2 7NJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 396 addresses on Meadgate Avenue, Chelmsford, CM2, 243, Meadgate Avenue, Chelmsford comes out as the 377th largest and the 386th most expensive in our analysis of the public data.
It is also £264k less expensive than the average property across the CM2 district.
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Schools Nearby
- 400mMeadgate Primary School
- 1.1kmLarkrise Primary School
- 1.2kmTrinity Road Primary School
- 1.3kmGreat Baddow High School
- 1.4kmMoulsham High School
- 2.1kmThe Sandon School
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Public Transport Nearby
From 243, Meadgate Avenue, Chelmsford, the nearest station is Chelmsford, 1.9 kilometres away.
- 1.9kmChelmsford
- 4.2kmBeaulieu Park
- 9.4kmHatfield Peverel
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
