71, Tamar Rise
71, Tamar Rise
Description & Estimates
According to the public record, 71, Tamar Rise, Chelmsford is a mid-century leasehold apartment with 161 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for 71, Tamar Rise, Chelmsford is £105,407 and the estimated rental value is £631 per month.
Tamar Rise, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
Our Data Sources
71, Tamar Rise, Chelmsford has a single entry in the Land Registry from June 2020 and a single entry in the EPC database dated April 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.
Price Range & Condition
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 71, Tamar Rise, Chelmsford is in very good condition we estimate a sale value of £110,677 and a rental value of £663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £98,028 and a rental value of £587 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 71, Tamar Rise, Chelmsford has fallen by £440 (0.4%), while its estimated rental value has moved up by £24 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 7.2%.
Energy Efficiency
71, Tamar Rise, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 71, Tamar Rise, Chelmsford was last sold on 19th June 2020 for £130,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2020, the market for similar properties has risen by 9.0%.
- Sold Jun 2020£130,000
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 750 metres of 71, Tamar Rise, Chelmsford over the last 2 years.
The most recent example is 73, Tamar Rise, Chelmsford, CM1 7QL, a leasehold flat which sold for £215,000 on the 30th June 2023.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Tamar Rise, Chelmsford, CM1 has a total of 86 addresses. According to our analysis of all the public data, 71, Tamar Rise, Chelmsford is the 85th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £309k less expensive than the average property in CM1.
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Schools Nearby
- 300mPerryfields Infant School
- 300mPerryfields Junior School
- 700mThe Tyrrells School
- 500mThe Boswells School
- 1.4kmChelmsford County High School for Girls
- 1.4kmSt John Payne Catholic School, Chelmsford
More reading links
Public Transport Nearby
The closest station to 71, Tamar Rise, Chelmsford is Chelmsford station, which is 1.9 kilometres away.
- 1.9kmChelmsford
- 2.6kmBeaulieu Park
- 8.1kmHatfield Peverel
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
