Our Data Sources
40, The Ray, Chelmsford has 41 entries in the Land Registry, most recently in March 2012 and a single entry in the EPC database dated March 2010.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
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, The Ray, Chelmsford, we estimate a market value of £193,513 and a rental value of £1,258 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £171,397 and £1,115 per month respectively.
Energy Efficiency
40, The Ray, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
Sold Prices
The most recent sale of 40, The Ray, Chelmsford completed on 16th March 2012 at £148,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 60.7% over the period since March 2012.
- Sold Mar 2012£148,000
- Sold Sep 2006£138,000
- Sold Aug 2000£71,750
Similar Properties Sold Nearby
Since 2013 213 properties similar to 40, The Ray, Chelmsford have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th February 2026, was 34, The Ray, Chelmsford, CM1 6JU, a leasehold flat which sold for £180,000.
Read more about house prices in CM1.
- Sold Feb 2026£180,000 | 2 Bed Flat34, The Ray, Chelmsford, CM1 6JU34, The Ray, Chelmsford, CM1 6JU
- Sold Jan 2026£151,000 | 2 Bed Flat52, Canvey Walk, Chelmsford, CM1 6LB52, Canvey Walk, Chelmsford, CM1 6LB
- Sold Oct 2025£195,000 | 2 Bed Flat45, Canvey Walk, Chelmsford, CM1 6LB45, Canvey Walk, Chelmsford, CM1 6LB
- Sold Jul 2025£190,000 | 2 Bed FlatFlat 23, Wisteria Lodge, Lupin Drive, Chelmsford, CM1 6FTFlat 23, Wisteria Lodge, Lupin Drive, Chelmsford, CM1 6FT
- Sold Mar 2025£177,000 | 2 Bed Flat37, Canvey Walk, Chelmsford, CM1 6LB37, Canvey Walk, Chelmsford, CM1 6LB
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £176,703, ranging from £149,765 to £213,649.
- 28 The Ray
2 Bed Flat | 0 m | Est. Value: £190,390
- 42 The Ray
2 Bed Flat | 4 m | Est. Value: £180,667
- 30 The Ray
2 Bed Flat | 4 m | Est. Value: £187,215
- 26 The Ray
2 Bed Flat | 13 m | Est. Value: £191,955
- 34 The Ray
2 Bed Flat | 13 m | Est. Value: £188,810
Location Comparison
Of the 19 addresses on The Ray, Chelmsford, CM1, 40, The Ray, Chelmsford comes out as the 16th largest and the 17th most expensive in our analysis of the public data.
It is also £229k less expensive than the average property across the CM1 district.
More reading links
Schools Nearby
- The Tyrrells School400 m away
- The Bishops' Church of England and Roman Catholic Primary School400 m away
- Springfield Primary School700 m away
- The Boswells School500 m away
- Chelmsford County High School for Girls2.1 km away
- St John Payne Catholic School, Chelmsford2.4 km away
More reading links
Public Transport Nearby
- Beaulieu Park|1.9 km away
- Chelmsford|2.4 km away
- Hatfield Peverel|7.4 km away
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast Broadband available in this area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
