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According to the public record, 8, Gepps Close, Chelmsford is a mid-century freehold house with 1,259 ft2 of internal area and sits on a 671 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Gepps Close, Chelmsford is £458,927 and the estimated rental value is £1,950 per month.
Gepps Close, High Easter, Chelmsford, CM1 is located in the borough of Uttlesford within the CM1 postal district.
8, Gepps Close, Chelmsford has 21 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated November 2019.
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, Gepps Close, Chelmsford is in very good condition we estimate a sale value of £481,873 and a rental value of £2,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,802 and a rental value of £1,814 per month.
Over the last 12 months the sale value of 8 Gepps Close Chelmsford has decreased by an estimated £14,815 (3.2%) and its rental value has increased by an estimated £57 per month (2.9%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 8, Gepps Close, Chelmsford sits on a plot of 671m2.
We have plot size data on 14 out of 17 other houses in the postcode and 8, Gepps Close, Chelmsford sits on the 3rd largest plot.
8, Gepps Close, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 8, Gepps Close, Chelmsford was last sold on 20th March 2020 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2020, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Gepps Close, Chelmsford within a radius of 5.4 kilometres over the last 2 years.
The most recent example is 7, Gepps Close, Chelmsford, CM1 4QT, a freehold house which sold for £487,000 on the 24th June 2024.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gepps Close, High Easter, Chelmsford, CM1 has a total of 17 addresses. According to our analysis of all the public data, 8, Gepps Close, Chelmsford is the 6th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in CM1.
The closest station to 8, Gepps Close, Chelmsford is Stansted Airport station which is 11.0 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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, Gepps Close, Chelmsford, 43.3% of property is privately owned outright and 24.6% 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, Gepps Close, Chelmsford, 17.7% of residents are recorded as possessing school level qualifications and 31.6% 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, Gepps Close, Chelmsford, the average age was 42.1 and the most common age was 57.
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, Gepps Close, Chelmsford, 3.8% 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, Gepps Close, Chelmsford, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
