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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 44, Loftin Way, Chelmsford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 376 ft2 of internal area and sits on a 340 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 44, Loftin Way, Chelmsford is £238,600 and the estimated rental value is £1,084 per month.
Loftin Way, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
44, Loftin Way, Chelmsford has a single entry in the Land Registry from December 2012 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 3 out of 5 and is considered of medium 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 44, Loftin Way, Chelmsford is in very good condition we estimate a sale value of £250,530 and a rental value of £1,139 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,898 and a rental value of £1,009 per month.
Over the last 12 months the sale value of 44 Loftin Way Chelmsford has decreased by an estimated £8,211 (3.4%) and its rental value has increased by an estimated £34 per month (3.2%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 44, Loftin Way, Chelmsford sits on a plot of 340m2.
We have plot size data on 14 out of 16 other houses in the postcode and 44, Loftin Way, Chelmsford sits on the 3rd largest plot.
According to HM Land Registry, 44, Loftin Way, Chelmsford was last sold on 20th December 2012 for £100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2012, the market for similar properties has risen 64.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 44, Loftin Way, Chelmsford within a radius of 490 metres over the last 2 years.
The most recent example is 11, The Ridings, Chelmsford, CM2 9RR, a freehold house which sold for £180,000 on the 21st April 2023.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Loftin Way, Chelmsford, CM2 has a total of 62 addresses. According to our analysis of all the public data, 44, Loftin Way, Chelmsford is the 62nd largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in CM2.
The closest station to 44, Loftin Way, Chelmsford is Chelmsford station which is 2.2 kilometres away.
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.
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 44, Loftin Way, Chelmsford, 42.9% of property is privately owned with a mortgage and 36.5% 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 44, Loftin Way, Chelmsford, 22.7% of residents are recorded as possessing school level qualifications and 34.7% 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 44, Loftin Way, Chelmsford, the average age was 40.8 and the most common age was 52.
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 44, Loftin Way, Chelmsford, 1.9% 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 44, Loftin Way, Chelmsford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
