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According to the public record, 8, Springfield Place, Chelmsford is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,232 ft2 of internal area and sits on a 327 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Springfield Place, Chelmsford is £1,191,089 and the estimated rental value is £3,838 per month.
Springfield Place, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
8, Springfield Place, Chelmsford has 21 entries in the Land Registry , most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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, Springfield Place, Chelmsford is in very good condition we estimate a sale value of £1,250,644 and a rental value of £4,030 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,107,713 and a rental value of £3,569 per month.
Over the last 12 months the sale value of 8 Springfield Place Chelmsford has decreased by an estimated £12,626 (1.1%) and its rental value has increased by an estimated £121 per month (3.2%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 8, Springfield Place, Chelmsford sits on a plot of 327m2.
We have plot size data on 17 out of 17 other houses in the postcode and 8, Springfield Place, Chelmsford sits on the 14th largest plot.
According to HM Land Registry, 8, Springfield Place, Chelmsford was last sold on 12th September 2007 for £805,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2007, the market for similar properties has risen 32.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Springfield Place, Chelmsford within a radius of 630 metres over the last 2 years.
The most recent example is 19, Pearson Grove, Chelmsford, CM1 7FE, a freehold house which sold for £1,115,000 on the 26th August 2022.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Place, Chelmsford, CM1 has a total of 17 addresses. According to our analysis of all the public data, 8, Springfield Place, Chelmsford is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £776k more expensive than the average property in CM1.
The closest station to 8, Springfield Place, Chelmsford is Chelmsford station which is 1.8 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, Springfield Place, Chelmsford, 61.3% of property is privately owned outright and 25.8% 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, Springfield Place, Chelmsford, 17.9% of residents are recorded as possessing school level qualifications and 44.7% 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 8, Springfield Place, Chelmsford, the average age was 41.4 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, Springfield Place, Chelmsford, 0.8% 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, Springfield Place, Chelmsford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
