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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, 7, Alder Drive, Chelmsford is a mid-century freehold house with 850 ft2 of internal area and sits on a 188 m2 plot.
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 7, Alder Drive, Chelmsford is £393,404 and the estimated rental value is £1,689 per month.
Alder Drive, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
7, Alder Drive, Chelmsford has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 7, Alder Drive, Chelmsford is in very good condition we estimate a sale value of £413,074 and a rental value of £1,773 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,865 and a rental value of £1,571 per month.
Over the last 12 months the sale value of 7 Alder Drive Chelmsford has decreased by an estimated £3,249 (0.8%) and its rental value has increased by an estimated £59 per month (3.5%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 7, Alder Drive, Chelmsford sits on a plot of 188m2.
We have plot size data on 29 out of 29 other houses in the postcode and 7, Alder Drive, Chelmsford sits on the 29th largest plot.
7, Alder Drive, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Nov 2019.
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, 7, Alder Drive, Chelmsford was last sold on 15th July 2020 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2020, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Alder Drive, Chelmsford within a radius of 570 metres over the last 2 years.
The most recent example is 22, Heath Drive, Chelmsford, CM2 9HD, a freehold house which sold for £390,000 on the 31st May 2024.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alder Drive, Chelmsford, CM2 has a total of 53 addresses. According to our analysis of all the public data, 7, Alder Drive, Chelmsford is the 53rd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in CM2.
The closest station to 7, Alder Drive, Chelmsford is Chelmsford station which is 2.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 7, Alder Drive, Chelmsford, 55.5% of property is privately owned outright and 37.3% 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 7, Alder Drive, Chelmsford, 15.9% of residents are recorded as possessing school level qualifications and 27.6% 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 7, Alder Drive, Chelmsford, the average age was 40.9 and the most common age was 42.
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 7, Alder Drive, 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 7, Alder Drive, 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.
