4, Nicholas Close
4, Nicholas Close
Description & Estimates
4, Nicholas Close, Chelmsford is described in the public record as a mid-century house with 473 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 4, Nicholas Close, Chelmsford is £364,245 and its rental estimate is £1,320 per month, given the available information and assuming reasonable condition.
Nicholas Close, Writtle, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
4, Nicholas Close, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated November 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Nicholas Close, Chelmsford, we estimate a market value of £382,457 and a rental value of £1,386 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £338,748 and £1,227 per month respectively.
Recent Market Change
Over the last year, 4, Nicholas Close, Chelmsford has seen its estimated sale value drop by £3,312 (0.9%) and its estimated rental value rise by £44 per month (3.3%). This results in an estimated gross rental yield of 4.3%.
Energy Efficiency
4, Nicholas Close, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Nov 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Nicholas Close, Chelmsford have sold within a radius of 920 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th April 2023, was 15A, The Green, Chelmsford, CM1 3DT, a freehold house which sold for £400,000.
Read more about house prices in CM1.
- Sold Apr 2023£400,000 | 2 Bed House15A, The Green, Chelmsford, CM1 3DT15A, The Green, Chelmsford, CM1 3DT
- Sold Dec 2017£225,000 | 2 Bed House4, Bridge Street, Chelmsford, CM1 3EX4, Bridge Street, Chelmsford, CM1 3EX
- Sold Aug 2010£275,000 | 2 Bed House39, The Green, Chelmsford, CM1 3DT39, The Green, Chelmsford, CM1 3DT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Nicholas Close, Writtle, Chelmsford, CM1, 4, Nicholas Close, Chelmsford comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £51k less expensive than the average property across the CM1 district.
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Schools Nearby
- 200mWrittle Infant School
- 200mWrittle Junior School
- 1.9kmWestlands Community Primary School
- 1.0kmHylands School
- 3.0kmKing Edward VI Grammar School, Chelmsford
- 3.3kmMoulsham High School
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Public Transport Nearby
From 4, Nicholas Close, Chelmsford, the nearest station is Chelmsford, 3.1 kilometres away.
- 3.1kmChelmsford
- 7.3kmBeaulieu Park
- 7.3kmIngatestone
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
