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According to the public record, 62, Cherry Garden Road, Maldon is a mid-century leasehold apartment with 635 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 62, Cherry Garden Road, Maldon is £240,073 and the estimated rental value is £1,118 per month.
The apartment is within 62, Cherry Garden Road, Maldon, CM9.
Cherry Garden Road, Maldon, CM9 is located in the borough of Maldon within the CM9 postal district.
62, Cherry Garden Road, Maldon has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 62, Cherry Garden Road, Maldon is in very good condition we estimate a sale value of £252,077 and a rental value of £1,174 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,268 and a rental value of £1,040 per month.
Over the last 12 months the sale value of 62 Cherry Garden Road Maldon has decreased by an estimated £4,210 (1.8%) and its rental value has increased by an estimated £28 per month (2.5%), giving an expected gross yield of 5.6%.
62, Cherry Garden Road, Maldon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 62, Cherry Garden Road, Maldon was last sold on 11th May 2017 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Cherry Garden Road, Maldon within a radius of 760 metres over the last 2 years.
The most recent example is Flat 50, Cooper Court, Spital Road, Maldon, CM9 6DU, a leasehold flat which sold for £180,000 on the 19th August 2024.
Read more about house prices in CM9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Garden Road, Maldon, CM9 has a total of 90 addresses. According to our analysis of all the public data, 62, Cherry Garden Road, Maldon is the 60th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in CM9.
The closest station to 62, Cherry Garden Road, Maldon is Hatfield Peverel station which is 7.7 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 62, Cherry Garden Road, Maldon, 63.8% of property is socially rented and 19.7% is privately owned outright.
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 62, Cherry Garden Road, Maldon, 20.9% of residents are recorded as possessing school level qualifications and 20.0% 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 62, Cherry Garden Road, Maldon, the average age was 45.6 and the most common age was 57.
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 62, Cherry Garden Road, Maldon, 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 62, Cherry Garden Road, Maldon, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
