3, Oaklea Avenue
3, Oaklea Avenue
Description & Estimates
Public records show 3, Oaklea Avenue, Chelmsford to be an early-century freehold house with 2,497 ft2 of internal area, sitting on a 672 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
3, Oaklea Avenue, Chelmsford has an estimated sale value of £913,606 and an estimated rental value of £2,944 per month, assuming reasonable condition and based on the information available.
Oaklea Avenue, Chelmsford, CM2 lies in the borough of Chelmsford, within the CM2 postal district.
Our Data Sources
3, Oaklea Avenue, Chelmsford has 21 entries in the Land Registry , most recently in February 2014 and a single entry in the EPC database dated July 2023.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate 3, Oaklea Avenue, Chelmsford would be worth £959,286, with a potential rental value of £3,091 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £849,653, with a rental value of £2,738 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, Oaklea Avenue, Chelmsford has moved down by £12,339 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £93 (3.2%). The property's estimated gross yield is currently 3.9%.
Plot Size
3, Oaklea Avenue, Chelmsford occupies a 672 m2 plot as recorded by HM Land Registry.
Of the 21 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
3, Oaklea Avenue, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Oaklea Avenue, Chelmsford last changed hands on 12th February 2014, selling for £600,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 24.3% since February 2014.
- Sold Feb 2014£600,000
- Sold Dec 2002£240,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 3, Oaklea Avenue, Chelmsford across the last 2 years.
Most recently, 7C, Tyrells Close, Chelmsford, CM2 6BT, a freehold house, sold at £885,000 on the 29th June 2023.
Read more about house prices in CM2.
- Sold Jun 2023£885,000 | 5 Bed House7C, Tyrells Close, Chelmsford, CM2 6BT7C, Tyrells Close, Chelmsford, CM2 6BT
- Sold May 2023£1,100,000 | 5 Bed House8, New Court Road, Chelmsford, CM2 6BZ8, New Court Road, Chelmsford, CM2 6BZ
- Sold Jan 2021£795,000 | 5 Bed House62, Telford Place, Chelmsford, CM1 7QZ62, Telford Place, Chelmsford, CM1 7QZ
•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, Oaklea Avenue, Chelmsford as the 2nd largest and the 4th most expensive of the 21 addresses on Oaklea Avenue, Chelmsford, CM2.
Against the CM2 postcode district average, it is £506k more expensive than the typical property.
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Schools Nearby
- 600mTrinity Road Primary School
- 800mThe Tyrrells School
- 1.1kmThe Cathedral Church of England Voluntary Aided Primary School, Chelmsford
- 1.1kmThe Boswells School
- 1.7kmChelmsford County High School for Girls
- 1.8kmKing Edward VI Grammar School, Chelmsford
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Public Transport Nearby
Chelmsford station is the nearest stop to 3, Oaklea Avenue, Chelmsford at 1.6 kilometres away.
- 1.6kmChelmsford
- 2.8kmBeaulieu Park
- 8.3kmHatfield 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.
