43, Tower Avenue
43, Tower Avenue
Description & Estimates
43, Tower Avenue, Chelmsford is recorded publicly as a mid-century freehold house across 882 ft2 of internal area, sitting on a 121 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 43, Tower Avenue, Chelmsford is £355,704 and its rental estimate is £1,737 per month, given the available information and assuming reasonable condition.
Tower Avenue, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
43, Tower Avenue, Chelmsford has 41 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 43, Tower Avenue, Chelmsford, we estimate a market value of £373,489 and a rental value of £1,824 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £330,804 and £1,616 per month respectively.
Recent Market Change
Over the last year, 43, Tower Avenue, Chelmsford has seen its estimated sale value decline by £2,940 (0.8%) and its estimated rental value climb by £60 per month (3.5%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 43, Tower Avenue, Chelmsford as measuring 121 m2.
That makes it the 40th largest plot in the postcode, where 44 of the 46 other houses have recorded plot data.
Energy Efficiency
43, Tower Avenue, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 43, Tower Avenue, Chelmsford completed on 23rd June 2020 at £280,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 19.3% over the period since June 2020.
- Sold Jun 2020£280,000
- Sold Dec 2015£269,500
- Sold Jul 2005£180,750
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 43, Tower Avenue, Chelmsford have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was 7, Warwick Square, Chelmsford, CM1 2AJ, a freehold house which sold for £405,000.
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 51 addresses on Tower Avenue, Chelmsford, CM1, 43, Tower Avenue, Chelmsford comes out as the 38th largest and the 42nd most expensive in our analysis of the public data.
It is also £59k less expensive than the average property across the CM1 district.
More reading links
Schools Nearby
- 500mKings Road Primary School
- 500mMaltese Road Primary School
- 800mWestlands Community Primary School
- 700mKing Edward VI Grammar School, Chelmsford
- 900mChelmsford County High School for Girls
- 1.3kmSt John Payne Catholic School, Chelmsford
More reading links
Public Transport Nearby
From 43, Tower Avenue, Chelmsford, the nearest station is Chelmsford, 1.1 kilometres away.
- 1.1kmChelmsford
- 4.8kmBeaulieu Park
- 9.6kmIngatestone
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.
