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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 62, Loftin Way, Chelmsford is a mid-century freehold house with 1,367 ft2 of internal area and sits on a 369 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 62, Loftin Way, Chelmsford is £453,104 and the estimated rental value is £1,985 per month.
Loftin Way, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
62, Loftin Way, Chelmsford has 21 entries in the Land Registry , most recently in September 2012 and a single entry in the EPC database dated April 2012.
We combine this information with that 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.
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, Loftin Way, Chelmsford is in very good condition we estimate a sale value of £475,759 and a rental value of £2,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £421,386 and a rental value of £1,846 per month.
Over the last 12 months the sale value of 62 Loftin Way Chelmsford has decreased by an estimated £16,489 (3.6%) and its rental value has increased by an estimated £58 per month (2.9%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 62, Loftin Way, Chelmsford sits on a plot of 369m2.
We have plot size data on 8 out of 10 other houses in the postcode and 62, Loftin Way, Chelmsford sits on the largest plot.
62, Loftin Way, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2012.
The property is not 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, Loftin Way, Chelmsford was last sold on 20th September 2012 for £270,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2012, the market for similar properties has risen 71.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Loftin Way, Chelmsford within a radius of 480 metres over the last 2 years.
The most recent example is 9, Linden Close, Chelmsford, CM2 9JH, a freehold house which sold for £450,000 on the 6th July 2023.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Loftin Way, Chelmsford, CM2 has a total of 62 addresses. According to our analysis of all the public data, 62, Loftin Way, Chelmsford is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in CM2.
The closest station to 62, Loftin Way, Chelmsford is Chelmsford station which is 2.1 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, Loftin Way, Chelmsford, 50.0% of property is privately owned with a mortgage and 35.3% 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, Loftin Way, Chelmsford, 16.8% of residents are recorded as possessing school level qualifications and 34.4% 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, Loftin Way, Chelmsford, the average age was 40.8 and the most common age was 52.
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, Loftin Way, Chelmsford, 0.9% 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, Loftin Way, Chelmsford, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
