45, Home Mead
45, Home Mead
Description & Estimates
According to the public record, 45, Home Mead, Chelmsford is a modern leasehold apartment with 376 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 45, Home Mead, Chelmsford is £154,376 and the estimated rental value is £986 per month.
Home Mead, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
Our Data Sources
45, Home Mead, Chelmsford has 61 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated January 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 45, Home Mead, Chelmsford is in very good condition we estimate a sale value of £162,094 and a rental value of £1,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,569 and a rental value of £917 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 45, Home Mead, Chelmsford has declined by £1,069 (0.7%), while its estimated rental value has climbed by £36 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 7.7%.
Energy Efficiency
45, Home Mead, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 45, Home Mead, Chelmsford was last sold on 30th April 2021 for £170,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since April 2021, the market for similar properties has risen by 10.6%.
- Sold Apr 2021£170,000
- Sold Nov 2011£112,000
- Sold Oct 2003£100,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 45, Home Mead, Chelmsford within a radius of 630 metres over the last 2 years.
The most recent example is 126, Barnard Road, Chelmsford, CM2 8SR, a leasehold flat which sold for £90,000 on the 21st October 2011.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Home Mead, Chelmsford, CM2 has a total of 32 addresses. According to our analysis of all the public data, 45, Home Mead, Chelmsford is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £253k less expensive than the average property in CM2.
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Schools Nearby
- 200mGalleywood Infant School
- 200mSt Michael's Church of England Voluntary Aided Junior School
- 1.5kmMildmay Primary School
- 1.9kmGreat Baddow High School
- 2.3kmMoulsham High School
- 3.5kmThe Sandon School
More reading links
Public Transport Nearby
The closest station to 45, Home Mead, Chelmsford is Chelmsford station, which is 4.3 kilometres away.
- 4.3kmChelmsford
- 7.1kmIngatestone
- 7.3kmBeaulieu Park
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
