38, New Street
38, New Street
Description & Estimates
38, New Street, Chelmsford is recorded publicly as a period freehold house across 624 ft2 of internal area, sitting on a 106 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 38, New Street, Chelmsford is £291,032 and its rental estimate is £1,506 per month, given the available information and assuming reasonable condition.
New Street, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
38, New Street, Chelmsford has 41 entries in the Land Registry , most recently in May 2008 and a single entry in the EPC database dated September 2018.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 38, New Street, Chelmsford, we estimate a market value of £305,583 and a rental value of £1,582 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £270,659 and £1,401 per month respectively.
Recent Market Change
Over the last year, 38, New Street, Chelmsford has seen its estimated sale value drop by £2,405 (0.8%) and its estimated rental value rise by £52 per month (3.5%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 38, New Street, Chelmsford as measuring 106 m2.
That makes it the largest plot in the postcode, where 3 of the 5 other houses have recorded plot data.
Energy Efficiency
38, New Street, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, New Street, Chelmsford completed on 30th May 2008 at £170,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 83.9% over the period since May 2008.
- Sold May 2008£170,000
- Sold Aug 2002£120,000
- Sold Apr 2001£82,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, New Street, Chelmsford have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th February 2025, was 6, Townfield Street, Chelmsford, CM1 1QJ, a freehold house which sold for £310,000.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 50 addresses on New Street, Chelmsford, CM1, 38, New Street, Chelmsford comes out as the 31st largest and the 19th most expensive in our analysis of the public data.
It is also £124k less expensive than the average property across the CM1 district.
More reading links
Schools Nearby
- 400mThe Cathedral Church of England Voluntary Aided Primary School, Chelmsford
- 800mMaltese Road Primary School
- 900mTrinity Road Primary School
- 600mChelmsford County High School for Girls
- 600mKing Edward VI Grammar School, Chelmsford
- 1.5kmSt John Payne Catholic School, Chelmsford
More reading links
Public Transport Nearby
From 38, New Street, Chelmsford, the nearest station is Chelmsford, 500 metres away.
- 500mChelmsford
- 3.7kmBeaulieu Park
- 9.3kmHatfield Peverel
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
