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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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According to the public record, 29, Buchanan Way, Chelmsford is a mid-century freehold house with 602 ft2 of internal area and sits on a 129 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Buchanan Way, Chelmsford is £282,943 and the estimated rental value is £1,467 per month.
Buchanan Way, Latchingdon, Chelmsford, CM3 is located in the borough of Maldon within the CM3 postal district.
29, Buchanan Way, Chelmsford has 2 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated May 2014.
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 29, Buchanan Way, Chelmsford is in very good condition we estimate a sale value of £297,090 and a rental value of £1,540 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,137 and a rental value of £1,364 per month.
Over the last 12 months the sale value of 29 Buchanan Way Chelmsford has decreased by an estimated £4,288 (1.5%) and its rental value has increased by an estimated £42 per month (2.9%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 29, Buchanan Way, Chelmsford sits on a plot of 129m2.
We have plot size data on 22 out of 33 other houses in the postcode and 29, Buchanan Way, Chelmsford sits on the 15th largest plot.
29, Buchanan Way, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 29, Buchanan Way, Chelmsford was last sold on 25th May 2022 for £266,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Buchanan Way, Chelmsford within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 33, Buchanan Way, Chelmsford, CM3 6HL, a freehold house which sold for £287,000 on the 1st November 2024.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Buchanan Way, Latchingdon, Chelmsford, CM3 has a total of 56 addresses. According to our analysis of all the public data, 29, Buchanan Way, Chelmsford is the 20th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in CM3.
The closest station to 29, Buchanan Way, Chelmsford is Althorne (Essex) station which is 3.2 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 29, Buchanan Way, Chelmsford, 33.3% of property is privately owned with a mortgage and 31.1% is socially 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 29, Buchanan Way, Chelmsford, 19.7% of residents are recorded as possessing school level qualifications and 17.7% 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 29, Buchanan Way, Chelmsford, the average age was 45.9 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 29, Buchanan Way, 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 29, Buchanan Way, 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.
