54, Crocus Way
54, Crocus Way
Description & Estimates
Public records show 54, Crocus Way, Chelmsford to be a mid-century leasehold apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
54, Crocus Way, Chelmsford has an estimated sale value of £180,630 and an estimated rental value of £1,135 per month, assuming reasonable condition and based on the information available.
Crocus Way, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
54, Crocus Way, Chelmsford has 21 entries in the Land Registry , most recently in January 2007 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 54, Crocus Way, Chelmsford would be worth £189,661, with a potential rental value of £1,192 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £167,986, with a rental value of £1,056 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 54, Crocus Way, Chelmsford has moved down by £2,575 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £33 (2.9%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
54, Crocus Way, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
54, Crocus Way, Chelmsford last changed hands on 19th January 2007, selling for £121,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 74.1% since January 2007.
- Sold Jan 2007£121,000
- Sold Dec 1997£40,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of 54, Crocus Way, Chelmsford across the last 2 years.
Most recently, 10, Violet Close, Chelmsford, CM1 6XG, a leasehold flat, sold at £182,000 on the 13th November 2023.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 54, Crocus Way, Chelmsford as the 70th largest and the 58th most expensive of the 105 addresses on Crocus Way, Chelmsford, CM1.
Against the CM1 postcode district average, it is £234k less expensive than the typical property.
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Schools Nearby
- 100mSpringfield Primary School
- 500mThe Bishops' Church of England and Roman Catholic Primary School
- 700mPerryfields Infant School
- 600mThe Boswells School
- 2.2kmSt John Payne Catholic School, Chelmsford
- 2.2kmChelmsford County High School for Girls
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Public Transport Nearby
Beaulieu Park station is the nearest stop to 54, Crocus Way, Chelmsford at 1.8 kilometres away.
- 1.8kmBeaulieu Park
- 2.7kmChelmsford
- 7.3kmHatfield Peverel
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
