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According to the public record, 4, Elder Close, Chelmsford is a modern freehold house with 1,076 ft2 of internal area and sits on a 204 m2 plot.
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 4, Elder Close, Chelmsford is £478,937 and the estimated rental value is £1,961 per month.
Elder Close, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
4, Elder Close, Chelmsford has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 4, Elder Close, Chelmsford is in very good condition we estimate a sale value of £502,884 and a rental value of £2,059 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £445,412 and a rental value of £1,824 per month.
Over the last 12 months the sale value of 4 Elder Close Chelmsford has decreased by an estimated £15,678 (3.3%) and its rental value has increased by an estimated £57 per month (2.9%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 4, Elder Close, Chelmsford sits on a plot of 204m2.
We have plot size data on 8 out of 10 other houses in the postcode and 4, Elder Close, Chelmsford sits on the 5th largest plot.
4, Elder Close, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jun 2020.
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, 4, Elder Close, Chelmsford was last sold on 5th February 2021 for £435,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2021, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Elder Close, Chelmsford within a radius of 840 metres over the last 2 years.
The most recent example is 14, Havisham Way, Chelmsford, CM1 4UY, a freehold house which sold for £505,000 on the 21st March 2025.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Close, Chelmsford, CM1 has a total of 10 addresses. According to our analysis of all the public data, 4, Elder Close, Chelmsford is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in CM1.
The closest station to 4, Elder Close, Chelmsford is Chelmsford station which is 2.8 kilometres away.
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 4, Elder Close, Chelmsford, 44.8% of property is privately owned with a mortgage and 30.6% 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 4, Elder Close, Chelmsford, 20.6% of residents are recorded as possessing school level qualifications and 41.6% 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 4, Elder Close, Chelmsford, the average age was 40.5 and the most common age was 37.
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 4, Elder Close, Chelmsford, 1.8% 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 4, Elder Close, Chelmsford, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.