8, Pump Lane
8, Pump Lane
Description & Estimates
Public records show 8, Pump Lane, Chelmsford to be a period freehold house with 710 ft2 of internal area, sitting on a 223 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
8, Pump Lane, Chelmsford has an estimated sale value of £367,059 and an estimated rental value of £1,565 per month, assuming reasonable condition and based on the information available.
Pump Lane, Danbury, Chelmsford, CM3 lies in the borough of Chelmsford, within the CM3 postal district.
Our Data Sources
8, Pump Lane, Chelmsford has 51 entries in the Land Registry , most recently in November 2015 and a single entry in the EPC database dated July 2021.
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.
Price Range & Condition
In very good condition, we estimate 8, Pump Lane, Chelmsford would be worth £385,412, with a potential rental value of £1,643 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £341,365, with a rental value of £1,455 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Pump Lane, Chelmsford has dropped by £5,562 (1.5%) over the last year. During the same period, its estimated monthly rental value has risen by £45 (2.9%). The property's estimated gross yield is currently 5.1%.
Plot Size
8, Pump Lane, Chelmsford occupies a 223 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
8, Pump Lane, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Pump Lane, Chelmsford last changed hands on 12th November 2015, selling for £295,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 12.2% since November 2015.
- Sold Nov 2015£295,000
- Sold Sep 2010£249,995
- Sold Jul 2002£143,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of 8, Pump Lane, Chelmsford across the last 2 years.
Most recently, 3, Pump Lane, Chelmsford, CM3 4JP, a freehold house, sold at £292,000 on the 18th October 2024.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8, Pump Lane, Chelmsford as the 4th largest and the 4th most expensive of the 10 addresses on Pump Lane, Danbury, Chelmsford, CM3.
Against the CM3 postcode district average, it is £126k less expensive than the typical property.
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Schools Nearby
- 1.2kmDanbury Park Community Primary School
- 1.3kmSt John Church of England Voluntary Controlled Primary School Danbury
- 1.5kmPriory Primary School, Bicknacre
- 4.1kmThe Sandon School
- 6.1kmGreat Baddow High School
- 7.2kmMoulsham High School
More reading links
Public Transport Nearby
Beaulieu Park station is the nearest stop to 8, Pump Lane, Chelmsford at 6.5 kilometres away.
- 6.5kmBeaulieu Park
- 7.0kmSouth Woodham Ferrers
- 7.9kmChelmsford
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
