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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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5, Pedlars Close, Chelmsford is recorded publicly as a mid-century leasehold apartment across 539 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5, Pedlars Close, Chelmsford is £206,039 and its rental estimate is £906 per month, given the available information and assuming reasonable condition.
Pedlars Close, Danbury, Chelmsford, CM3 falls within the CM3 postal district, in the borough of Chelmsford.
5, Pedlars Close, Chelmsford has 3 entries in the Land Registry , most recently in January 2013 and a single entry in the EPC database dated February 2010.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Pedlars Close, Chelmsford, we estimate a market value of £216,341 and a rental value of £951 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £191,616 and £842 per month respectively.
Over the last year, 5, Pedlars Close, Chelmsford has seen its estimated sale value decline by £2,553 (1.2%) and its estimated rental value climb by £24 per month (2.7%). This results in an estimated gross rental yield of 5.3%.
5, Pedlars Close, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 5, Pedlars Close, Chelmsford completed on 3rd January 2013 at £140,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 53.5% over the period since January 2013.
Over the past 2 years 3 properties similar to 5, Pedlars Close, Chelmsford have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th March 2023, was Flat 2, Lingwoods 99, Main Road, Chelmsford, CM3 4DL, a leasehold flat which sold for £195,000.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 35 addresses on Pedlars Close, Danbury, Chelmsford, CM3, 5, Pedlars Close, Chelmsford comes out as the 31st largest and the 35th most expensive in our analysis of the public data.
It is also £287k less expensive than the average property across the CM3 district.
From 5, Pedlars Close, Chelmsford, the nearest station is South Woodham Ferrers, 7.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Pedlars Close, Chelmsford, 50.8% of property is socially rented and 21.9% is privately owned with a mortgage.
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 5, Pedlars Close, Chelmsford, 21.9% of residents are recorded as possessing school level qualifications and 21.0% 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 5, Pedlars Close, Chelmsford, the average age was 45.2 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 5, Pedlars Close, 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 5, Pedlars Close, Chelmsford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
