45, Park Avenue
45, Park Avenue
Description & Estimates
The public record lists 45, Park Avenue, Chelmsford as a freehold house sitting on a 292 m2 plot.
Comparison with its neighbours suggests a period house with 1,442 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
45, Park Avenue, Chelmsford has an estimated sale value of £556,517 and an estimated rental value of £2,102 per month, assuming reasonable condition and based on the information available.
Park Avenue, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
45, Park Avenue, Chelmsford has 41 entries in the Land Registry , most recently in May 2008 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 45, Park Avenue, Chelmsford would be worth £584,342, with a potential rental value of £2,207 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £517,560, with a rental value of £1,955 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 45, Park Avenue, Chelmsford has declined by £4,307 (0.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £73 (3.5%). The property's estimated gross yield is currently 4.5%.
Plot Size
45, Park Avenue, Chelmsford occupies a 292 m2 plot as recorded by HM Land Registry.
Of the 45 other houses in this postcode, 38 have recorded plot sizes, and this one ranks as the 8th largest.
Sold Prices
45, Park Avenue, Chelmsford last changed hands on 8th May 2008, selling for £337,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 54.5% since May 2008.
- Sold May 2008£337,000
- Sold Apr 2007£337,000
- Sold Oct 2003£243,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 45, Park Avenue, Chelmsford across the last 2 years.
Most recently, 9, Park Avenue, Chelmsford, CM1 2AB, a freehold house, sold at £580,000 on the 9th November 2023.
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
Our analysis of the public data ranks 45, Park Avenue, Chelmsford as the 11th largest and the 14th most expensive of the 70 addresses on Park Avenue, Chelmsford, CM1.
Against the CM1 postcode district average, it is £142k more expensive than the typical property.
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Schools Nearby
- 400mKings Road Primary School
- 500mMaltese Road Primary School
- 900mWestlands Community Primary School
- 600mKing Edward VI Grammar School, Chelmsford
- 800mChelmsford County High School for Girls
- 1.2kmSt John Payne Catholic School, Chelmsford
More reading links
Public Transport Nearby
Chelmsford station is the nearest stop to 45, Park Avenue, Chelmsford at 1.0 kilometres away.
- 1.0kmChelmsford
- 4.7kmBeaulieu Park
- 9.7kmIngatestone
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
