4, Mill Lane
4, Mill Lane
Description & Estimates
4, Mill Lane, Chelmsford is described in the public record as a period house with 516 ft2 of internal area, sitting on a 229 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 4, Mill Lane, Chelmsford is £415,050 and its rental estimate is £1,472 per month, given the available information and assuming reasonable condition.
Mill Lane, Terling, Chelmsford, CM3 falls within the CM3 postal district, in the borough of Braintree.
Our Data Sources
4, Mill Lane, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated June 2016.
We combine this information with public data 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 4, Mill Lane, Chelmsford, we estimate a market value of £435,802 and a rental value of £1,545 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £385,996 and £1,369 per month respectively.
Recent Market Change
Over the last year, 4, Mill Lane, Chelmsford has seen its estimated sale value move down by £6,289 (1.5%) and its estimated rental value increase by £42 per month (2.9%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 4, Mill Lane, Chelmsford as measuring 229 m2.
That makes it the 5th largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
4, Mill Lane, Chelmsford has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 09 Jun 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Portable electric heaters assumed for most rooms.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 4.3 kilometres of 4, Mill Lane, Chelmsford, per the Land Registry and our network of Estate Agents.
The latest, on the 31st August 2012, was Jacaranda Cottage, Mill Lane, Chelmsford, CM3 2QG, a freehold house which sold for £475,000.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Mill Lane, Terling, Chelmsford, CM3, 4, Mill Lane, Chelmsford comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £78k less expensive than the average property across the CM3 district.
More reading links
Schools Nearby
- 700mTerling Church of England Voluntary Aided Primary School
- 3.8kmWhite Notley Church of England Voluntary Controlled Primary School
- 4.2kmGreat Leighs Primary School
- 5.2kmLift Maltings
- 5.5kmLift New Rickstones
- 6.7kmNotley High School and Braintree Sixth Form
More reading links
Public Transport Nearby
From 4, Mill Lane, Chelmsford, the nearest station is Hatfield Peverel, 3.7 kilometres away.
- 3.7kmHatfield Peverel
- 4.5kmWhite Notley
- 5.4kmCressing (Essex)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
