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Public records show 46, Wright Crescent, Chelmsford to be a modern freehold house with 1,399 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
46, Wright Crescent, Chelmsford has an estimated sale value of £562,851 and an estimated rental value of £2,122 per month, assuming reasonable condition and based on the information available.
Wright Crescent, Chelmsford Garden, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
46, Wright Crescent, Chelmsford has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated March 2022.
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.
In very good condition, we estimate 46, Wright Crescent, Chelmsford would be worth £590,993, with a potential rental value of £2,228 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £523,451, with a rental value of £1,974 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 46, Wright Crescent, Chelmsford has decreased by £4,356 (0.8%) over the last year. During the same period, its estimated monthly rental value has grown by £74 (3.5%). The property's estimated gross yield is currently 4.5%.
46, Wright Crescent, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
46, Wright Crescent, Chelmsford last changed hands on 31st May 2022, selling for £500,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 5.4% since May 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 670 metres of 46, Wright Crescent, Chelmsford across the last 2 years.
Most recently, 48, Wright Crescent, Chelmsford, CM1 6DP, a freehold house, sold at £490,000 on the 11th July 2022.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 46, Wright Crescent, Chelmsford as the 16th largest and the 24th most expensive of the 50 addresses on Wright Crescent, Chelmsford Garden, Chelmsford, CM1.
Against the CM1 postcode district average, it is £148k more expensive than the typical property.
Beaulieu Park station is the nearest stop to 46, Wright Crescent, Chelmsford at 2.1 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 46, Wright Crescent, 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 46, Wright Crescent, 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 46, Wright Crescent, 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, Wright Crescent, 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.