56, Orchard Way
56, Orchard Way
Description & Estimates
According to the public record, 56, Orchard Way, Chelmsford is a modern apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Orchard Way, Chelmsford is £223,646 and the estimated rental value is £1,049 per month.
Orchard Way, Boreham, Chelmsford, CM3 is located in the borough of Chelmsford within the CM3 postal district.
Our Data Sources
56, Orchard Way, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated July 2020.
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.
Price Range & Condition
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 56, Orchard Way, Chelmsford is in very good condition we estimate a sale value of £234,828 and a rental value of £1,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,990 and a rental value of £976 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 56, Orchard Way, Chelmsford has declined by £2,771 (1.2%), while its estimated rental value has climbed by £28 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Energy Efficiency
56, Orchard Way, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Orchard Way, Chelmsford within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 20, Shearers Way, Chelmsford, CM3 3AE, a leasehold flat which sold for £185,000 on the 27th September 2019.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Orchard Way, Boreham, Chelmsford, CM3 has a total of 112 addresses. According to our analysis of all the public data, 56, Orchard Way, Chelmsford is the 103rd largest and the 108th most expensive property on the street.
When compared to the postcode district it is £269k less expensive than the average property in CM3.
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Schools Nearby
- 400mBoreham Primary School
- 3.5kmThe Bishops' Church of England and Roman Catholic Primary School
- 3.6kmChancellor Park Primary School, Chelmsford
- 4.2kmThe Boswells School
- 5.5kmThe Sandon School
- 5.7kmChelmer Valley High School
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Public Transport Nearby
The closest station to 56, Orchard Way, Chelmsford is Beaulieu Park station, which is 2.0 kilometres away.
- 2.0kmBeaulieu Park
- 3.7kmHatfield Peverel
- 6.1kmChelmsford
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
