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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 66, Mendip Road, Chelmsford is £277,971 and the estimated rental value is £1,436 per month.
Mendip Road, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
66, Mendip Road, Chelmsford has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated December 2022.
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 66, Mendip Road, Chelmsford is in very good condition we estimate a sale value of £291,869 and a rental value of £1,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,513 and a rental value of £1,336 per month.
Over the last 12 months the sale value of 66 Mendip Road Chelmsford has decreased by an estimated £2,297 (0.8%) and its rental value has increased by an estimated £50 per month (3.5%), giving an expected gross yield of 6.2%.
66, Mendip Road, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Dec 2022.
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, 66, Mendip Road, Chelmsford was last sold on 19th December 2023 for £269,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has risen 23.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 66, Mendip Road, Chelmsford within a radius of 600 metres over the last 2 years.
The most recent example is 65, Cheviot Drive, Chelmsford, CM1 2EX, a freehold house which sold for £380,000 on the 26th June 2023.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mendip Road, Chelmsford, CM1 has a total of 79 addresses. According to our analysis of all the public data, 66, Mendip Road, Chelmsford is the 34th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in CM1.
The closest station to 66, Mendip Road, Chelmsford is Chelmsford station which is 2.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 66, Mendip Road, Chelmsford, 42.8% of property is socially rented and 25.2% 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 66, Mendip Road, Chelmsford, 17.6% of residents are recorded as possessing school level qualifications and 17.0% 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 66, Mendip Road, Chelmsford, the average age was 40.5 and the most common age was 37.
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 66, Mendip Road, 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 66, Mendip Road, Chelmsford, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.