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According to the public record, 7, Cavendish Gardens, Chelmsford is a mid-century leasehold apartment with 484 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 7, Cavendish Gardens, Chelmsford is £190,425 and the estimated rental value is £1,126 per month.
Cavendish Gardens, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
7, Cavendish Gardens, Chelmsford has 31 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, Cavendish Gardens, Chelmsford is in very good condition we estimate a sale value of £199,946 and a rental value of £1,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,095 and a rental value of £1,048 per month.
Over the last 12 months the sale value of 7 Cavendish Gardens Chelmsford has decreased by an estimated £6,366 (3.3%) and its rental value has increased by an estimated £35 per month (3.1%), giving an expected gross yield of 7.1%.
7, Cavendish Gardens, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Nov 2018.
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, 7, Cavendish Gardens, Chelmsford was last sold on 30th August 2024 for £195,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2024, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Cavendish Gardens, Chelmsford within a radius of 580 metres over the last 2 years.
The most recent example is 26, Cavendish Gardens, Chelmsford, CM2 6BB, a leasehold flat which sold for £200,000 on the 30th September 2024.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cavendish Gardens, Chelmsford, CM2 has a total of 54 addresses. According to our analysis of all the public data, 7, Cavendish Gardens, Chelmsford is the 43rd largest and the 46th most expensive property on the street.
When compared to the postcode district it is £209k less expensive than the average property in CM2.
The closest station to 7, Cavendish Gardens, Chelmsford is Chelmsford 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 7, Cavendish Gardens, Chelmsford, 38.4% of property is privately owned with a mortgage and 34.1% is privately rented.
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, Cavendish Gardens, Chelmsford, 23.5% of residents are recorded as possessing school level qualifications and 42.6% 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, Cavendish Gardens, Chelmsford, the average age was 38.9 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 7, Cavendish Gardens, Chelmsford, 1.7% 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, Cavendish Gardens, Chelmsford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.