8, Cathedral Walk
8, Cathedral Walk
Description & Estimates
8, Cathedral Walk, Chelmsford is recorded publicly as a modern leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 8, Cathedral Walk, Chelmsford is £186,086 and its rental estimate is £1,070 per month, given the available information and assuming reasonable condition.
Cathedral Walk, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
8, Cathedral Walk, Chelmsford has 31 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated January 2022.
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.
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 8, Cathedral Walk, Chelmsford, we estimate a market value of £195,391 and a rental value of £1,123 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £173,060 and £995 per month respectively.
Recent Market Change
Over the last year, 8, Cathedral Walk, Chelmsford has seen its estimated sale value move down by £822 (0.4%) and its estimated rental value increase by £41 per month (3.8%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
8, Cathedral Walk, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 8, Cathedral Walk, Chelmsford completed on 17th December 2021 at £185,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 8.8% over the period since December 2021.
- Sold Dec 2021£185,000
- Sold Oct 2003£134,000
- Sold Dec 1998£60,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Cathedral Walk, Chelmsford have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2024, was 11, Cathedral Walk, Chelmsford, CM1 1NX, a leasehold flat which sold for £190,000.
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
Of the 20 addresses on Cathedral Walk, Chelmsford, CM1, 8, Cathedral Walk, Chelmsford comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £229k less expensive than the average property across the CM1 district.
More reading links
Schools Nearby
- 300mThe Cathedral Church of England Voluntary Aided Primary School, Chelmsford
- 800mOur Lady Immaculate Catholic Primary School
- 800mMaltese Road Primary School
- 700mKing Edward VI Grammar School, Chelmsford
- 900mChelmsford County High School for Girls
- 1.9kmSt John Payne Catholic School, Chelmsford
More reading links
Public Transport Nearby
From 8, Cathedral Walk, Chelmsford, the nearest station is Chelmsford, 200 metres away.
- 200mChelmsford
- 4.1kmBeaulieu Park
- 9.6kmHatfield Peverel
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.
