40, Bounderby Grove
40, Bounderby Grove
Description & Estimates
40, Bounderby Grove, Chelmsford is recorded publicly as a mid-century leasehold apartment across 322 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 40, Bounderby Grove, Chelmsford is £133,020 and its rental estimate is £859 per month, given the available information and assuming reasonable condition.
Bounderby Grove, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
40, Bounderby Grove, Chelmsford has 61 entries in the Land Registry , most recently in February 2008 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 40, Bounderby Grove, Chelmsford, we estimate a market value of £139,671 and a rental value of £901 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £123,709 and £798 per month respectively.
Recent Market Change
Over the last year, 40, Bounderby Grove, Chelmsford has seen its estimated sale value move down by £588 (0.4%) and its estimated rental value increase by £33 per month (3.8%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
40, Bounderby Grove, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 40, Bounderby Grove, Chelmsford completed on 25th February 2008 at £90,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 46.1% over the period since February 2008.
- Sold Feb 2008£90,000
- Sold Jul 2006£86,000
- Sold Nov 2001£53,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Bounderby Grove, Chelmsford have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th November 2024, was 32, Bounderby Grove, Chelmsford, CM1 4XW, a leasehold flat which sold for £104,000.
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 67 addresses on Bounderby Grove, Chelmsford, CM1, 40, Bounderby Grove, Chelmsford comes out as the 61st largest and the 61st most expensive in our analysis of the public data.
It is also £282k less expensive than the average property across the CM1 district.
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Schools Nearby
- 500mNewlands Spring Primary and Nursery School
- 600mParkwood Academy
- 800mSt Pius X Catholic Primary School
- 800mSt John Payne Catholic School, Chelmsford
- 1.6kmChelmsford County High School for Girls
- 1.8kmKing Edward VI Grammar School, Chelmsford
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Public Transport Nearby
From 40, Bounderby Grove, Chelmsford, the nearest station is Chelmsford, 2.3 kilometres away.
- 2.3kmChelmsford
- 4.6kmBeaulieu Park
- 10.0kmHatfield Peverel
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.
