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According to the public record, 74, Longacre, Chelmsford is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 383 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 74, Longacre, Chelmsford is £417,550 and the estimated rental value is £1,859 per month.
Longacre, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
74, Longacre, Chelmsford has 21 entries in the Land Registry , most recently in April 2017 and a single entry in the EPC database dated January 2016.
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 74, Longacre, Chelmsford is in very good condition we estimate a sale value of £438,428 and a rental value of £1,952 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,322 and a rental value of £1,729 per month.
Over the last 12 months the sale value of 74 Longacre Chelmsford has decreased by an estimated £13,668 (3.3%) and its rental value has increased by an estimated £54 per month (2.9%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 74, Longacre, Chelmsford sits on a plot of 383m2.
We have plot size data on 58 out of 65 other houses in the postcode and 74, Longacre, Chelmsford sits on the 15th largest plot.
74, Longacre, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jan 2016.
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, 74, Longacre, Chelmsford was last sold on 6th April 2017 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2017, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Longacre, Chelmsford within a radius of 830 metres over the last 2 years.
The most recent example is 62, Longacre, Chelmsford, CM1 3BJ, a freehold house which sold for £420,000 on the 15th July 2022.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longacre, Chelmsford, CM1 has a total of 65 addresses. According to our analysis of all the public data, 74, Longacre, Chelmsford is the 65th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in CM1.
The closest station to 74, Longacre, Chelmsford is Chelmsford station which is 1.9 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 74, Longacre, Chelmsford, 48.2% of property is privately owned outright and 45.4% 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 74, Longacre, Chelmsford, 19.8% of residents are recorded as possessing school level qualifications and 42.7% 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 74, Longacre, Chelmsford, the average age was 38.2 and the most common age was 32.
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 74, Longacre, Chelmsford, 1.4% 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 74, Longacre, Chelmsford, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
