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According to the public record, 7, Weight Road, Chelmsford is a period freehold house with 1,011 ft2 of internal area and sits on a 89.1 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, Weight Road, Chelmsford is £414,123 and the estimated rental value is £1,757 per month.
Weight Road, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
7, Weight Road, Chelmsford has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated September 2020.
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, Weight Road, Chelmsford is in very good condition we estimate a sale value of £434,829 and a rental value of £1,845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,134 and a rental value of £1,634 per month.
Over the last 12 months the sale value of 7 Weight Road Chelmsford has decreased by an estimated £13,792 (3.3%) and its rental value has increased by an estimated £53 per month (3.0%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 7, Weight Road, Chelmsford sits on a plot of 89m2.
We have plot size data on 33 out of 36 other houses in the postcode and 7, Weight Road, Chelmsford sits on the 27th largest plot.
7, Weight Road, Chelmsford has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 28 Sep 2020.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, dual fuel (mineral and wood).
According to HM Land Registry, 7, Weight Road, Chelmsford was last sold on 10th September 2021 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Weight Road, Chelmsford within a radius of 510 metres over the last 2 years.
The most recent example is 11, Weight Road, Chelmsford, CM2 6LE, a freehold house which sold for £425,000 on the 31st May 2023.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weight Road, Chelmsford, CM2 has a total of 36 addresses. According to our analysis of all the public data, 7, Weight Road, Chelmsford is the 21st largest and the 19th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in CM2.
The closest station to 7, Weight Road, Chelmsford is Chelmsford station which is 900 metres 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, Weight Road, Chelmsford, % of property is and % is .
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, Weight Road, Chelmsford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Weight 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 7, Weight Road, Chelmsford, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.