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According to the public record, 287, Springfield Road, Chelmsford is a period freehold house with 1,011 ft2 of internal area and sits on a 194 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 287, Springfield Road, Chelmsford is £451,250 and the estimated rental value is £1,746 per month.
Springfield Road, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
287, Springfield Road, Chelmsford has 41 entries in the Land Registry , most recently in December 2016 and a single entry in the EPC database dated May 2012.
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 287, Springfield Road, Chelmsford is in very good condition we estimate a sale value of £473,813 and a rental value of £1,833 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £419,663 and a rental value of £1,624 per month.
Over the last 12 months the sale value of 287 Springfield Road Chelmsford has decreased by an estimated £14,771 (3.3%) and its rental value has increased by an estimated £50 per month (2.9%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 287, Springfield Road, Chelmsford sits on a plot of 194m2.
We have plot size data on 13 out of 16 other houses in the postcode and 287, Springfield Road, Chelmsford sits on the 12th largest plot.
287, Springfield Road, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 May 2012.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 287, Springfield Road, Chelmsford was last sold on 2nd December 2016 for £421,825 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since December 2016, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 287, Springfield Road, Chelmsford within a radius of 600 metres over the last 2 years.
The most recent example is 1, Regency Close, Chelmsford, CM2 6DU, a freehold house which sold for £505,000 on the 15th November 2024.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Chelmsford, CM1 has a total of 32 addresses. According to our analysis of all the public data, 287, Springfield Road, Chelmsford is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in CM1.
The closest station to 287, Springfield Road, Chelmsford is Chelmsford station which is 1.2 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 287, Springfield Road, Chelmsford, 33.3% of property is privately owned with a mortgage and 30.6% is privately owned outright.
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 287, Springfield Road, Chelmsford, 23.1% of residents are recorded as possessing school level qualifications and 46.0% 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 287, Springfield Road, Chelmsford, the average age was 38.9 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 287, Springfield Road, Chelmsford, 2.0% 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 287, Springfield Road, Chelmsford, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.