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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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4, Magnolia Close, Chelmsford is described in the public record as a mid-century house with 936 ft2 of internal area, sitting on a 199 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Magnolia Close, Chelmsford is £387,828 and its rental estimate is £1,720 per month, given the available information and assuming reasonable condition.
Magnolia Close, Chelmsford, CM2 falls within the CM2 postal district, in the borough of Chelmsford.
4, Magnolia Close, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated November 2020.
We combine this information with public data 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.
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 4, Magnolia Close, Chelmsford, we estimate a market value of £407,220 and a rental value of £1,806 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £360,680 and £1,599 per month respectively.
Over the last year, 4, Magnolia Close, Chelmsford has seen its estimated sale value decrease by £3,203 (0.8%) and its estimated rental value grow by £60 per month (3.5%). This results in an estimated gross rental yield of 5.3%.
HM Land Registry records the plot of land for 4, Magnolia Close, Chelmsford as measuring 199 m2.
That makes it the 22nd largest plot in the postcode, where all 34 other houses have recorded plot data.
4, Magnolia Close, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 4, Magnolia Close, Chelmsford have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was 107, Heath Drive, Chelmsford, CM2 9HG, a freehold house which sold for £375,000.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 34 addresses on Magnolia Close, Chelmsford, CM2, 4, Magnolia Close, Chelmsford comes out as the 17th largest and the 17th most expensive in our analysis of the public data.
It is also £20k less expensive than the average property across the CM2 district.
From 4, Magnolia Close, Chelmsford, the nearest station is Chelmsford, 2.5 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Magnolia Close, Chelmsford, 51.2% of property is privately owned outright and 39.8% 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 4, Magnolia Close, Chelmsford, 19.1% of residents are recorded as possessing school level qualifications and 31.0% 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, Magnolia Close, Chelmsford, the average age was 41.7 and the most common age was 47.
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, Magnolia 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 4, Magnolia Close, 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.
