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According to the public record, 44, Pearce Manor, Chelmsford is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 44, Pearce Manor, Chelmsford is £163,727 and the estimated rental value is £1,038 per month.
Pearce Manor, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
44, Pearce Manor, Chelmsford has 21 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Pearce Manor, Chelmsford is in very good condition we estimate a sale value of £171,914 and a rental value of £1,090 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,266 and a rental value of £965 per month.
Over the last 12 months the sale value of 44 Pearce Manor Chelmsford has decreased by an estimated £1,133 (0.7%) and its rental value has increased by an estimated £38 per month (3.7%), giving an expected gross yield of 7.6%.
44, Pearce Manor, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Electric storage heaters.
According to HM Land Registry, 44, Pearce Manor, Chelmsford was last sold on 22nd April 2022 for £150,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Pearce Manor, Chelmsford within a radius of 520 metres over the last 2 years.
The most recent example is 60, Pearce Manor, Chelmsford, CM2 9XH, a leasehold flat which sold for £148,000 on the 14th March 2022.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pearce Manor, Chelmsford, CM2 has a total of 64 addresses. According to our analysis of all the public data, 44, Pearce Manor, Chelmsford is the 55th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £244k less expensive than the average property in CM2.
The closest station to 44, Pearce Manor, Chelmsford is Chelmsford station which is 1.4 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, Pearce Manor, Chelmsford, % of property is and % is .
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, Pearce Manor, Chelmsford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Pearce Manor, Chelmsford, 0.0% 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, Pearce Manor, Chelmsford, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
