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According to the public record, 46, Spring Rise, Chelmsford is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 46, Spring Rise, Chelmsford is £178,470 and the estimated rental value is £1,090 per month.
Spring Rise, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
46, Spring Rise, Chelmsford has 2 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated November 2016.
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 46, Spring Rise, Chelmsford is in very good condition we estimate a sale value of £187,393 and a rental value of £1,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,977 and a rental value of £1,014 per month.
Over the last 12 months the sale value of 46 Spring Rise Chelmsford has decreased by an estimated £5,967 (3.3%) and its rental value has increased by an estimated £33 per month (3.1%), giving an expected gross yield of 7.3%.
46, Spring Rise, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Nov 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 46, Spring Rise, Chelmsford was last sold on 15th March 2024 for £190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2024, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Spring Rise, Chelmsford within a radius of 690 metres over the last 2 years.
The most recent example is 6, St. Michaels Walk, Chelmsford, CM2 8SG, a leasehold flat which sold for £175,000 on the 26th February 2026.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Rise, Chelmsford, CM2 has a total of 54 addresses. According to our analysis of all the public data, 46, Spring Rise, Chelmsford is the 28th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in CM2.
The closest station to 46, Spring Rise, Chelmsford is Chelmsford station which is 4.4 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 46, Spring Rise, Chelmsford, 40.2% of property is socially rented and 24.6% 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 46, Spring Rise, Chelmsford, 18.0% of residents are recorded as possessing school level qualifications and 20.4% 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 46, Spring Rise, Chelmsford, the average age was 44 and the most common age was 57.
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 46, Spring Rise, 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 46, Spring Rise, Chelmsford, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
