3, Mimosa Close
3, Mimosa Close
Description & Estimates
Public records show 3, Mimosa Close, Chelmsford to be a mid-century freehold house with 1,205 ft2 of internal area, sitting on a 278 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Mimosa Close, Chelmsford has an estimated sale value of £486,731 and an estimated rental value of £2,052 per month, assuming reasonable condition and based on the information available.
Mimosa Close, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
3, Mimosa Close, Chelmsford has a single entry in the Land Registry from April 2014 and a single entry in the EPC database dated November 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Mimosa Close, Chelmsford would be worth £511,067, with a potential rental value of £2,155 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £452,659, with a rental value of £1,909 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Mimosa Close, Chelmsford has dropped by £3,767 (0.8%) over the last year. During the same period, its estimated monthly rental value has risen by £71 (3.5%). The property's estimated gross yield is currently 5.1%.
Plot Size
3, Mimosa Close, Chelmsford occupies a 278 m2 plot as recorded by HM Land Registry.
All 19 other houses in this postcode have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
3, Mimosa Close, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Nov 2013.
The property is not connected to mains gas and has fully secondary glazing. It is heated using Boiler and radiators, oil.
Sold Prices
3, Mimosa Close, Chelmsford last changed hands on 11th April 2014, selling for £315,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 59.8% since April 2014.
- Sold Apr 2014£315,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 3, Mimosa Close, Chelmsford across the last 2 years.
Most recently, 88, Petunia Crescent, Chelmsford, CM1 6YR, a freehold house, sold at £510,000 on the 4th November 2024.
Read more about house prices in CM1.
- Sold Nov 2024£510,000 | 4 Bed House88, Petunia Crescent, Chelmsford, CM1 6YR88, Petunia Crescent, Chelmsford, CM1 6YR
- Sold Aug 2023£470,000 | 4 Bed House7, Alyssum Close, Chelmsford, CM1 6YF7, Alyssum Close, Chelmsford, CM1 6YF
- Sold Sep 2021£435,000 | 4 Bed House106, Petunia Crescent, Chelmsford, CM1 6YR106, Petunia Crescent, Chelmsford, CM1 6YR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Mimosa Close, Chelmsford as the 15th largest and the 15th most expensive of the 19 addresses on Mimosa Close, Chelmsford, CM1.
Against the CM1 postcode district average, it is £72k more expensive than the typical property.
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Schools Nearby
- 300mThe Bishops' Church of England and Roman Catholic Primary School
- 600mSpringfield Primary School
- 1.1kmThe Tyrrells School
- 1.0kmThe Boswells School
- 2.7kmChelmsford County High School for Girls
- 2.8kmSt John Payne Catholic School, Chelmsford
More reading links
Public Transport Nearby
Beaulieu Park station is the nearest stop to 3, Mimosa Close, Chelmsford at 1.2 kilometres away.
- 1.2kmBeaulieu Park
- 3.1kmChelmsford
- 6.8kmHatfield Peverel
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
