42, Milton Place
42, Milton Place
Description & Estimates
According to the public record, 42, Milton Place, Chelmsford is a modern apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Milton Place, Chelmsford is £190,499 and the estimated rental value is £1,152 per month.
Milton Place, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
Our Data Sources
42, Milton Place, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated August 2016.
We combine this information with public data 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.
Price Range & Condition
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 42, Milton Place, Chelmsford is in very good condition we estimate a sale value of £200,024 and a rental value of £1,210 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,164 and a rental value of £1,071 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 42, Milton Place, Chelmsford has fallen by £2,716 (1.4%), while its estimated rental value has moved up by £34 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Energy Efficiency
42, Milton Place, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Aug 2016.
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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Milton Place, Chelmsford within a radius of 480 metres over the last 2 years.
The most recent example is Flat 6, 44, Eastern Crescent, Chelmsford, CM1 4JQ, a leasehold flat which sold for £195,000 on the 28th August 2024.
Read more about house prices in CM1.
- Sold Aug 2024£195,000 | 2 Bed Flat44, Eastern CrescentFlat 6, 44, Eastern Crescent, Chelmsford, CM1 4JQ
- Sold Jun 2023£215,000 | 2 Bed Flat44, Eastern CrescentFlat 4, 44, Eastern Crescent, Chelmsford, CM1 4JQ
- Sold Feb 2019£195,000 | 2 Bed Flat44, Eastern CrescentFlat 3, 44, Eastern Crescent, Chelmsford, CM1 4JQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Milton Place, Chelmsford, CM1 has a total of 42 addresses. According to our analysis of all the public data, 42, Milton Place, Chelmsford is the 10th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in CM1.
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Schools Nearby
- 200mKings Road Primary School
- 400mSt Pius X Catholic Primary School
- 600mParkwood Academy
- 600mChelmsford County High School for Girls
- 700mSt John Payne Catholic School, Chelmsford
- 700mKing Edward VI Grammar School, Chelmsford
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Public Transport Nearby
The closest station to 42, Milton Place, Chelmsford is Chelmsford station, which is 1.2 kilometres away.
- 1.2kmChelmsford
- 4.2kmBeaulieu Park
- 9.8kmHatfield Peverel
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
