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63, Home Mead, Chelmsford is described in the public record as a mid-century apartment with 452 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 63, Home Mead, Chelmsford is £169,840 and its rental estimate is £1,060 per month, given the available information and assuming reasonable condition.
Home Mead, Chelmsford, CM2 falls within the CM2 postal district, in the borough of Chelmsford.
63, Home Mead, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
We combine this information with public data 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.
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 63, Home Mead, Chelmsford, we estimate a market value of £178,332 and a rental value of £1,113 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £157,951 and £986 per month respectively.
Over the last year, 63, Home Mead, Chelmsford has seen its estimated sale value decline by £1,176 (0.7%) and its estimated rental value climb by £39 per month (3.7%). This results in an estimated gross rental yield of 7.5%.
63, Home Mead, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 63, Home Mead, Chelmsford have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st March 2025, was 8, St. Michaels Walk, Chelmsford, CM2 8SG, a leasehold flat which sold for £166,000.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 32 addresses on Home Mead, Chelmsford, CM2, 63, Home Mead, Chelmsford comes out as the 26th largest and the 26th most expensive in our analysis of the public data.
It is also £238k less expensive than the average property across the CM2 district.
From 63, Home Mead, Chelmsford, the nearest station is Chelmsford, 4.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 63, Home Mead, Chelmsford, 57.1% of property is socially rented and 15.9% 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 63, Home Mead, Chelmsford, 15.4% of residents are recorded as possessing school level qualifications and 19.9% 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 63, Home Mead, Chelmsford, the average age was 44 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 63, Home Mead, Chelmsford, 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 63, Home Mead, Chelmsford, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.