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According to the public record, 8, Gaiger Close, Chelmsford is a mid-century freehold house with 848 ft2 of internal area and sits on a 250 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 8, Gaiger Close, Chelmsford is £385,351 and the estimated rental value is £1,750 per month.
Gaiger Close, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
8, Gaiger Close, Chelmsford has a single entry in the Land Registry from July 2010 and a single entry in the EPC database dated February 2010.
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.
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 8, Gaiger Close, Chelmsford is in very good condition we estimate a sale value of £404,619 and a rental value of £1,837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,377 and a rental value of £1,627 per month.
Over the last 12 months the sale value of 8 Gaiger Close Chelmsford has decreased by an estimated £3,185 (0.8%) and its rental value has increased by an estimated £61 per month (3.5%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 8, Gaiger Close, Chelmsford sits on a plot of 250m2.
We have plot size data on 19 out of 19 other houses in the postcode and 8, Gaiger Close, Chelmsford sits on the 13th largest plot.
8, Gaiger Close, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Feb 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Gaiger Close, Chelmsford was last sold on 23rd July 2010 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2010, the market for similar properties has risen 97.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Gaiger Close, Chelmsford within a radius of 620 metres over the last 2 years.
The most recent example is 33, Briarswood, Chelmsford, CM1 6UH, a freehold house which sold for £360,000 on the 5th June 2024.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gaiger Close, Chelmsford, CM1 has a total of 19 addresses. According to our analysis of all the public data, 8, Gaiger Close, Chelmsford is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in CM1.
The closest station to 8, Gaiger Close, Chelmsford is Beaulieu Park station which is 2.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 8, Gaiger Close, Chelmsford, 49.5% of property is privately owned outright and 38.8% 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 8, Gaiger Close, Chelmsford, 17.7% of residents are recorded as possessing school level qualifications and 34.6% 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 8, Gaiger Close, Chelmsford, the average age was 39.5 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 8, Gaiger Close, 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 8, Gaiger Close, Chelmsford, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
