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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
The public record describes 263, Meadgate Avenue, Chelmsford as a mid-century apartment with 414 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
263, Meadgate Avenue, Chelmsford has an estimated sale value of £143,912 and an estimated rental value of £921 per month, assuming reasonable condition and based on the information available.
Meadgate Avenue, Chelmsford, CM2 lies in the borough of Chelmsford, within the CM2 postal district.
263, Meadgate Avenue, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated August 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.
In very good condition, we estimate 263, Meadgate Avenue, Chelmsford would be worth £151,108, with a potential rental value of £967 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £133,838, with a rental value of £857 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 263, Meadgate Avenue, Chelmsford has dropped by £996 (0.7%) over the last year. During the same period, its estimated monthly rental value has risen by £34 (3.7%). The property's estimated gross yield is currently 7.7%.
263, Meadgate Avenue, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Aug 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 263, Meadgate Avenue, Chelmsford across the last 2 years.
Most recently, 409, Meadgate Avenue, Chelmsford, CM2 7NN, a leasehold flat, sold at £159,000 on the 28th April 2022.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 263, Meadgate Avenue, Chelmsford as the 376th largest and the 387th most expensive of the 396 addresses on Meadgate Avenue, Chelmsford, CM2.
Against the CM2 postcode district average, it is £264k less expensive than the typical property.
Chelmsford station is the nearest stop to 263, Meadgate Avenue, Chelmsford at 1.9 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 263, Meadgate Avenue, Chelmsford, 41.4% of property is socially rented and 21.1% is privately owned with a mortgage.
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 263, Meadgate Avenue, Chelmsford, 18.8% of residents are recorded as possessing school level qualifications and 21.5% 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 263, Meadgate Avenue, Chelmsford, the average age was 40.8 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 263, Meadgate Avenue, 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 263, Meadgate Avenue, 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.
