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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, 36, Markland Close, Chelmsford is a mid-century freehold house with 613 ft2 of internal area and sits on a 157 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 36, Markland Close, Chelmsford is £268,834 and the estimated rental value is £1,385 per month.
Markland Close, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
36, Markland Close, Chelmsford has a single entry in the Land Registry from December 2023 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 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 36, Markland Close, Chelmsford is in very good condition we estimate a sale value of £282,276 and a rental value of £1,455 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,016 and a rental value of £1,288 per month.
Over the last 12 months the sale value of 36 Markland Close Chelmsford has decreased by an estimated £2,638 (1.0%) and its rental value has increased by an estimated £47 per month (3.4%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 36, Markland Close, Chelmsford sits on a plot of 157m2.
We have plot size data on 27 out of 31 other houses in the postcode and 36, Markland Close, Chelmsford sits on the 23rd largest plot.
36, Markland Close, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Nov 2013.
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, 36, Markland Close, Chelmsford was last sold on 15th December 2023 for £170,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Markland Close, Chelmsford within a radius of 690 metres over the last 2 years.
The most recent example is 4, Pyms Road, Chelmsford, CM2 8PY, a freehold house which sold for £242,500 on the 2nd October 2020.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Markland Close, Chelmsford, CM2 has a total of 31 addresses. According to our analysis of all the public data, 36, Markland Close, Chelmsford is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in CM2.
The closest station to 36, Markland Close, Chelmsford is Chelmsford station which is 4.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 36, Markland Close, Chelmsford, 50.8% of property is privately owned outright and 30.0% is privately owned with a mortgage.
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 36, Markland Close, Chelmsford, 15.0% of residents are recorded as possessing school level qualifications and 29.6% 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 36, Markland Close, Chelmsford, the average age was 44 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 36, Markland Close, 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 36, Markland Close, 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.
