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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, 68, Crocus Way, Chelmsford is a mid-century apartment with 538 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 68, Crocus Way, Chelmsford is £185,484 and the estimated rental value is £1,166 per month.
Crocus Way, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
68, Crocus Way, Chelmsford has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 68, Crocus Way, Chelmsford is in very good condition we estimate a sale value of £194,759 and a rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,501 and a rental value of £1,084 per month.
Over the last 12 months the sale value of 68 Crocus Way Chelmsford has decreased by an estimated £2,644 (1.4%) and its rental value has increased by an estimated £34 per month (2.9%), giving an expected gross yield of 7.5%.
68, Crocus Way, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 68, Crocus Way, Chelmsford was last sold on 15th June 2001 for £69,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 68, Crocus Way, Chelmsford within a radius of 480 metres over the last 2 years.
The most recent example is 10, Violet Close, Chelmsford, CM1 6XG, a leasehold flat which sold for £182,000 on the 13th November 2023.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crocus Way, Chelmsford, CM1 has a total of 105 addresses. According to our analysis of all the public data, 68, Crocus Way, Chelmsford is the 65th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £229k less expensive than the average property in CM1.
The closest station to 68, Crocus Way, Chelmsford is Beaulieu Park station which is 1.8 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 68, Crocus Way, Chelmsford, 42.5% of property is privately rented and 27.6% is privately owned with a mortgage.
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 68, Crocus Way, Chelmsford, 16.2% of residents are recorded as possessing school level qualifications and 30.8% 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 68, Crocus Way, Chelmsford, the average age was 39.5 and the most common age was 32.
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 68, Crocus Way, 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 68, Crocus Way, Chelmsford, 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.
