50, Pearce Manor
50, Pearce Manor
Description & Estimates
50, Pearce Manor, Chelmsford is described in the public record as a modern apartment with 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 50, Pearce Manor, Chelmsford is £165,851 and its rental estimate is £1,047 per month, given the available information and assuming reasonable condition.
Pearce Manor, Chelmsford, CM2 falls within the CM2 postal district, in the borough of Chelmsford.
Our Data Sources
50, Pearce Manor, Chelmsford has no recent1 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 50, Pearce Manor, Chelmsford, we estimate a market value of £174,143 and a rental value of £1,099 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £154,241 and £974 per month respectively.
Recent Market Change
Over the last year, 50, Pearce Manor, Chelmsford has seen its estimated sale value decrease by £1,148 (0.7%) and its estimated rental value grow by £39 per month (3.7%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
50, Pearce Manor, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 50, Pearce Manor, Chelmsford completed on 9th June 2004 at £125,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
- Sold Jun 2004£125,000
- Sold Nov 1995£34,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 50, Pearce Manor, Chelmsford have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd April 2022, was 44, Pearce Manor, Chelmsford, CM2 9XH, a leasehold flat which sold for £150,500.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 64 addresses on Pearce Manor, Chelmsford, CM2, 50, Pearce Manor, Chelmsford comes out as the 40th largest and the 42nd most expensive in our analysis of the public data.
It is also £242k less expensive than the average property across the CM2 district.
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Schools Nearby
- 700mOaklands Infant School
- 700mOur Lady Immaculate Catholic Primary School
- 900mMoulsham Infant School
- 1.1kmMoulsham High School
- 1.4kmHylands School
- 1.7kmKing Edward VI Grammar School, Chelmsford
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Public Transport Nearby
From 50, Pearce Manor, Chelmsford, the nearest station is Chelmsford, 1.4 kilometres away.
- 1.4kmChelmsford
- 5.5kmBeaulieu Park
- 8.3kmIngatestone
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
