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According to the public record, 41, Highfield Road, Chelmsford is a early-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Highfield Road, Chelmsford is £191,624 and the estimated rental value is £1,140 per month.
Highfield Road, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
41, Highfield Road, Chelmsford has a single entry in the Land Registry from November 2016 and a single entry in the EPC database dated May 2017.
We combine this information with that 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 41, Highfield Road, Chelmsford is in very good condition we estimate a sale value of £201,205 and a rental value of £1,197 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,210 and a rental value of £1,060 per month.
Over the last 12 months the sale value of 41 Highfield Road Chelmsford has decreased by an estimated £6,931 (3.6%) and its rental value has increased by an estimated £28 per month (2.4%), giving an expected gross yield of 7.1%.
41, Highfield Road, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41, Highfield Road, Chelmsford was last sold on 18th November 2016 for £185,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2016, the market for similar properties has risen 20.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Highfield Road, Chelmsford within a radius of 620 metres over the last 2 years.
The most recent example is 45, Highfield Road, Chelmsford, CM1 2NF, a leasehold flat which sold for £124,895 on the 30th March 2016.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highfield Road, Chelmsford, CM1 has a total of 86 addresses. According to our analysis of all the public data, 41, Highfield Road, Chelmsford is the 77th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in CM1.
The closest station to 41, Highfield Road, Chelmsford is Chelmsford station which is 1.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 41, Highfield Road, Chelmsford, 39.4% of property is privately owned with a mortgage and 38.3% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 41, Highfield Road, Chelmsford, 17.2% of residents are recorded as possessing school level qualifications and 46.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 41, Highfield Road, Chelmsford, the average age was 38.2 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 41, Highfield Road, Chelmsford, 0.9% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 41, Highfield Road, Chelmsford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
