7, Pump Lane
7, Pump Lane
Description & Estimates
7, Pump Lane, Chelmsford is recorded publicly as a period freehold house across 721 ft2 of internal area, sitting on a 153 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 7, Pump Lane, Chelmsford is £370,105 and its rental estimate is £1,575 per month, given the available information and assuming reasonable condition.
Pump Lane, Danbury, Chelmsford, CM3 falls within the CM3 postal district, in the borough of Chelmsford.
Our Data Sources
7, Pump Lane, Chelmsford has 41 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that 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.
Price Range & Condition
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 7, Pump Lane, Chelmsford, we estimate a market value of £388,610 and a rental value of £1,654 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £344,198 and £1,465 per month respectively.
Recent Market Change
Over the last year, 7, Pump Lane, Chelmsford has seen its estimated sale value decline by £5,608 (1.5%) and its estimated rental value climb by £45 per month (2.9%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 7, Pump Lane, Chelmsford as measuring 153 m2.
That makes it the 6th largest plot in the postcode, where 8 of the 10 other houses have recorded plot data.
Energy Efficiency
7, Pump Lane, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Pump Lane, Chelmsford completed on 23rd September 2022 at £350,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 19.5% over the period since September 2022.
- Sold Sep 2022£350,000
- Sold Aug 2011£203,750
- Sold Feb 2007£185,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Pump Lane, Chelmsford have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was 3, Pump Lane, Chelmsford, CM3 4JP, a freehold house which sold for £292,000.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 10 addresses on Pump Lane, Danbury, Chelmsford, CM3, 7, Pump Lane, Chelmsford comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £123k less expensive than the average property across the CM3 district.
More reading links
Schools Nearby
- 1.2kmDanbury Park Community Primary School
- 1.3kmSt John Church of England Voluntary Controlled Primary School Danbury
- 1.5kmPriory Primary School, Bicknacre
- 4.1kmThe Sandon School
- 6.1kmGreat Baddow High School
- 7.2kmMoulsham High School
More reading links
Public Transport Nearby
From 7, Pump Lane, Chelmsford, the nearest station is Beaulieu Park, 6.5 kilometres away.
- 6.5kmBeaulieu Park
- 7.0kmSouth Woodham Ferrers
- 7.9kmChelmsford
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
