56, Archers Way
56, Archers Way
Description & Estimates
56, Archers Way, Chelmsford is recorded publicly as a modern leasehold apartment across 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 56, Archers Way, Chelmsford is £175,039 and its rental estimate is £1,073 per month, given the available information and assuming reasonable condition.
Archers Way, Chelmsford, CM2 falls within the CM2 postal district, in the borough of Chelmsford.
Our Data Sources
56, Archers Way, Chelmsford has 41 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 56, Archers Way, Chelmsford, we estimate a market value of £183,791 and a rental value of £1,126 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £162,786 and £997 per month respectively.
Recent Market Change
Over the last year, 56, Archers Way, Chelmsford has seen its estimated sale value drop by £2,464 (1.4%) and its estimated rental value rise by £28 per month (2.6%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
56, Archers Way, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 56, Archers Way, Chelmsford completed on 19th December 2024 at £190,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 20.5% over the period since December 2024.
- Sold Dec 2024£190,000
- Sold Sep 2003£104,500
- Sold Apr 2002£79,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56, Archers Way, Chelmsford have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th November 2023, was 15, Archers Way, Chelmsford, CM2 8SB, a leasehold flat which sold for £180,000.
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 81 addresses on Archers Way, Chelmsford, CM2, 56, Archers Way, Chelmsford comes out as the 67th largest and the 71st most expensive in our analysis of the public data.
It is also £233k less expensive than the average property across the CM2 district.
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Schools Nearby
- 200mGalleywood Infant School
- 300mSt Michael's Church of England Voluntary Aided Junior School
- 1.6kmMildmay Primary School
- 1.9kmGreat Baddow High School
- 2.4kmMoulsham High School
- 3.4kmThe Sandon School
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Public Transport Nearby
From 56, Archers Way, Chelmsford, the nearest station is Chelmsford, 4.3 kilometres away.
- 4.3kmChelmsford
- 7.2kmBeaulieu Park
- 7.2kmIngatestone
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
