5, Weale Close
5, Weale Close
Description & Estimates
Public records show 5, Weale Close, Chelmsford to be a modern freehold house with 1,571 ft2 of internal area, sitting on a 342 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
5, Weale Close, Chelmsford has an estimated sale value of £592,553 and an estimated rental value of £2,321 per month, assuming reasonable condition and based on the information available.
Weale Close, Hatfield Peverel, Chelmsford, CM3 lies in the borough of Braintree, within the CM3 postal district.
Our Data Sources
5, Weale Close, Chelmsford has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated February 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.
Price Range & Condition
In very good condition, we estimate 5, Weale Close, Chelmsford would be worth £622,181, with a potential rental value of £2,437 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £551,074, with a rental value of £2,159 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 5, Weale Close, Chelmsford has decreased by £9,687 (1.6%) over the last year. During the same period, its estimated monthly rental value has grown by £69 (3.0%). The property's estimated gross yield is currently 4.7%.
Plot Size
5, Weale Close, Chelmsford occupies a 342 m2 plot as recorded by HM Land Registry.
All 25 other houses in this postcode have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
5, Weale Close, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
Sold Prices
5, Weale Close, Chelmsford last changed hands on 11th April 2023, selling for £630,000. 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 3.5% since April 2023.
- Sold Apr 2023£630,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of 5, Weale Close, Chelmsford across the last 2 years.
Most recently, 29, Weale Close, Chelmsford, CM3 2FG, a freehold house, sold at £640,000 on the 24th June 2022.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 5, Weale Close, Chelmsford as the 4th largest and the 4th most expensive of the 25 addresses on Weale Close, Hatfield Peverel, Chelmsford, CM3.
Against the CM3 postcode district average, it is £100k more expensive than the typical property.
More reading links
Schools Nearby
- 1.1kmHatfield Peverel Infant and Nursery School
- 1.1kmHatfield Peverel St Andrew's Junior School
- 2.9kmChipping Hill Primary School
- 3.7kmLift Maltings
- 5.6kmLift New Rickstones
- 7.5kmThe Boswells School
More reading links
Public Transport Nearby
Hatfield Peverel station is the nearest stop to 5, Weale Close, Chelmsford at 400 metres away.
- 400mHatfield Peverel
- 4.7kmWitham
- 5.3kmBeaulieu Park
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
