40, Kings Road
40, Kings Road
Description & Estimates
The public record lists 40, Kings Road, Chelmsford as a freehold house sitting on a 273 m2 plot.
Comparison with its neighbours suggests a modern house with 895 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
40, Kings Road, Chelmsford has an estimated sale value of £390,791 and an estimated rental value of £1,794 per month, assuming reasonable condition and based on the information available.
Kings Road, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
40, Kings Road, Chelmsford has a single entry in the Land Registry from September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Kings Road, Chelmsford would be worth £410,330, with a potential rental value of £1,884 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £363,435, with a rental value of £1,669 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Kings Road, Chelmsford has declined by £3,230 (0.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £62 (3.5%). The property's estimated gross yield is currently 5.5%.
Plot Size
40, Kings Road, Chelmsford occupies a 273 m2 plot as recorded by HM Land Registry.
Of the 45 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 4th largest.
Sold Prices
40, Kings Road, Chelmsford last changed hands on 21st September 2007, selling for £192,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 84.4% since September 2007.
- Sold Sep 2007£192,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of 40, Kings Road, Chelmsford across the last 2 years.
Most recently, 34, Kings Road, Chelmsford, CM1 4HP, a freehold house, sold at £355,000 on the 24th October 2024.
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
Our analysis of the public data ranks 40, Kings Road, Chelmsford as the 64th largest and the 30th most expensive of the 225 addresses on Kings Road, Chelmsford, CM1.
Against the CM1 postcode district average, it is £24k less expensive than the typical property.
More reading links
Schools Nearby
- 300mKings Road Primary School
- 400mSt Pius X Catholic Primary School
- 600mMaltese Road Primary School
- 400mChelmsford County High School for Girls
- 600mSt John Payne Catholic School, Chelmsford
- 700mKing Edward VI Grammar School, Chelmsford
More reading links
Public Transport Nearby
Chelmsford station is the nearest stop to 40, Kings Road, Chelmsford at 1.1 kilometres away.
- 1.1kmChelmsford
- 4.1kmBeaulieu Park
- 9.6kmHatfield Peverel
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
