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Company No. 11113204
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According to the public record, 50, Patching Hall Lane, Chelmsford is a mid-century house with 1,130 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 50, Patching Hall Lane, Chelmsford is £531,541 and the estimated rental value is £1,985 per month.
Patching Hall Lane, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
50, Patching Hall Lane, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 50, Patching Hall Lane, Chelmsford is in very good condition we estimate a sale value of £558,118 and a rental value of £2,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £494,333 and a rental value of £1,846 per month.
Over the last 12 months the sale value of 50 Patching Hall Lane Chelmsford has decreased by an estimated £17,159 (3.2%) and its rental value has increased by an estimated £58 per month (2.9%), giving an expected gross yield of 4.5%.
50, Patching Hall Lane, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Patching Hall Lane, Chelmsford within a radius of 550 metres over the last 2 years.
The most recent example is 94, Kelvedon Close, Chelmsford, CM1 4DG, a freehold house which sold for £434,000 on the 6th March 2024.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Patching Hall Lane, Chelmsford, CM1 has a total of 103 addresses. According to our analysis of all the public data, 50, Patching Hall Lane, Chelmsford is the 64th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £125k more expensive than the average property in CM1.
The closest station to 50, Patching Hall Lane, Chelmsford is Chelmsford station which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 50, Patching Hall Lane, Chelmsford, 52.2% of property is privately rented and 27.5% 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 50, Patching Hall Lane, Chelmsford, 23.3% of residents are recorded as possessing school level qualifications and 49.3% 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 50, Patching Hall Lane, Chelmsford, the average age was 38.4 and the most common age was 12.
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 50, Patching Hall Lane, 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 50, Patching Hall Lane, Chelmsford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
