3, Spring Close
3, Spring Close
Description & Estimates
Public records show 3, Spring Close, Chelmsford to be a mid-century freehold house with 1,227 ft2 of internal area, sitting on a 302 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Spring Close, Chelmsford has an estimated sale value of £487,783 and an estimated rental value of £2,137 per month, assuming reasonable condition and based on the information available.
Spring Close, Little Baddow, Chelmsford, CM3 lies in the borough of Chelmsford, within the CM3 postal district.
Our Data Sources
3, Spring Close, Chelmsford has 21 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 3, Spring Close, Chelmsford would be worth £512,172, with a potential rental value of £2,244 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £453,638, with a rental value of £1,988 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, Spring Close, Chelmsford has decreased by £7,974 (1.6%) over the last year. During the same period, its estimated monthly rental value has grown by £64 (3.0%). The property's estimated gross yield is currently 5.3%.
Plot Size
3, Spring Close, Chelmsford occupies a 302 m2 plot as recorded by HM Land Registry.
Of the 56 other houses in this postcode, 46 have recorded plot sizes, and this one ranks as the 33rd largest.
Energy Efficiency
3, Spring Close, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Sep 2022.
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, Spring Close, Chelmsford last changed hands on 16th March 2023, selling for £422,500. 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 dropped by 28.2% since March 2023.
- Sold Mar 2023£422,500
- Sold Dec 2005£249,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.8 kilometres of 3, Spring Close, Chelmsford across the last 2 years.
Most recently, 4, Jarvis Field, Chelmsford, CM3 4TP, a freehold house, sold at £400,000 on the 18th July 2024.
Read more about house prices in CM3.
•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, Spring Close, Chelmsford as the 11th largest and the 11th most expensive of the 56 addresses on Spring Close, Little Baddow, Chelmsford, CM3.
Against the CM3 postcode district average, it is £5k less expensive than the typical property.
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Schools Nearby
- 2.5kmBoreham Primary School
- 2.8kmSt John Church of England Voluntary Controlled Primary School Danbury
- 3.0kmDanbury Park Community Primary School
- 5.0kmThe Sandon School
- 5.6kmThe Boswells School
- 6.8kmGreat Baddow High School
More reading links
Public Transport Nearby
Beaulieu Park station is the nearest stop to 3, Spring Close, Chelmsford at 3.8 kilometres away.
- 3.8kmBeaulieu Park
- 4.1kmHatfield Peverel
- 7.1kmChelmsford
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
