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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 338, Springfield Road, Chelmsford is £394,745 and the estimated rental value is £1,816 per month.
Springfield Road, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
338, Springfield Road, Chelmsford has 2 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated August 2016.
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 338, Springfield Road, Chelmsford is in very good condition we estimate a sale value of £414,482 and a rental value of £1,907 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,113 and a rental value of £1,689 per month.
Over the last 12 months the sale value of 338 Springfield Road Chelmsford has decreased by an estimated £13,147 (3.3%) and its rental value has increased by an estimated £55 per month (3.0%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 338, Springfield Road, Chelmsford sits on a plot of 283m2.
We have plot size data on 10 out of 10 other houses in the postcode and 338, Springfield Road, Chelmsford sits on the 8th largest plot.
338, Springfield Road, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Aug 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 338, Springfield Road, Chelmsford was last sold on 13th January 2022 for £412,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 338, Springfield Road, Chelmsford within a radius of 640 metres over the last 2 years.
The most recent example is 12, Timsons Lane, Chelmsford, CM2 6AG, a freehold house which sold for £370,000 on the 21st March 2025.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Chelmsford, CM2 has a total of 525 addresses. According to our analysis of all the public data, 338, Springfield Road, Chelmsford is the 110th largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in CM2.
The closest station to 338, Springfield Road, Chelmsford is Beaulieu Park station which is 2.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 338, Springfield Road, Chelmsford, 42.6% of property is privately owned with a mortgage and 33.7% 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 338, Springfield Road, Chelmsford, 18.7% of residents are recorded as possessing school level qualifications and 39.8% 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 338, Springfield Road, Chelmsford, the average age was 41.4 and the most common age was 57.
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 338, Springfield Road, Chelmsford, 0.2% 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 338, Springfield Road, Chelmsford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.