27, Bounderby Grove
27, Bounderby Grove
Description & Estimates
27, Bounderby Grove, Chelmsford is recorded publicly as a modern leasehold apartment across 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 27, Bounderby Grove, Chelmsford is £195,988 and its rental estimate is £1,188 per month, given the available information and assuming reasonable condition.
Bounderby Grove, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
27, Bounderby Grove, Chelmsford has 41 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated October 2018.
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.
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 27, Bounderby Grove, Chelmsford, we estimate a market value of £205,787 and a rental value of £1,248 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £182,269 and £1,105 per month respectively.
Recent Market Change
Over the last year, 27, Bounderby Grove, Chelmsford has seen its estimated sale value drop by £2,794 (1.4%) and its estimated rental value rise by £35 per month (2.9%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
27, Bounderby Grove, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 27, Bounderby Grove, Chelmsford completed on 25th January 2018 at £172,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 24.8% over the period since January 2018.
- Sold Jan 2018£172,500
- Sold Oct 2003£112,000
- Sold Jan 2001£72,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 27, Bounderby Grove, Chelmsford have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th November 2017, was 31, Bounderby Grove, Chelmsford, CM1 4XN, a leasehold flat which sold for £200,000.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 67 addresses on Bounderby Grove, Chelmsford, CM1, 27, Bounderby Grove, Chelmsford comes out as the 35th largest and the 38th most expensive in our analysis of the public data.
It is also £219k less expensive than the average property across the CM1 district.
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Schools Nearby
- 500mParkwood Academy
- 500mNewlands Spring Primary and Nursery School
- 700mSt Pius X Catholic Primary School
- 700mSt John Payne Catholic School, Chelmsford
- 1.5kmChelmsford County High School for Girls
- 1.7kmKing Edward VI Grammar School, Chelmsford
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Public Transport Nearby
From 27, Bounderby Grove, Chelmsford, the nearest station is Chelmsford, 2.2 kilometres away.
- 2.2kmChelmsford
- 4.6kmBeaulieu Park
- 10.0kmHatfield 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.
