83, Tamar Rise
83, Tamar Rise
Description & Estimates
83, Tamar Rise, Chelmsford is recorded publicly as a mid-century leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 83, Tamar Rise, Chelmsford is £198,639 and its rental estimate is £1,174 per month, given the available information and assuming reasonable condition.
Tamar Rise, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
83, Tamar Rise, Chelmsford has 51 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 83, Tamar Rise, Chelmsford, we estimate a market value of £208,571 and a rental value of £1,232 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £184,734 and £1,091 per month respectively.
Recent Market Change
Over the last year, 83, Tamar Rise, Chelmsford has seen its estimated sale value move down by £2,832 (1.4%) and its estimated rental value increase by £34 per month (2.9%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
83, Tamar Rise, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 83, Tamar Rise, Chelmsford completed on 26th June 2015 at £160,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 21.4% over the period since June 2015.
- Sold Jun 2015£160,000
- Sold Oct 2012£140,000
- Sold Mar 2006£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 83, Tamar Rise, Chelmsford have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2023, was 34, Tamar Rise, Chelmsford, CM1 7QN, a leasehold flat which sold for £210,000.
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 86 addresses on Tamar Rise, Chelmsford, CM1, 83, Tamar Rise, Chelmsford comes out as the 77th largest and the 81st most expensive in our analysis of the public data.
It is also £216k less expensive than the average property across the CM1 district.
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Schools Nearby
- 300mPerryfields Infant School
- 300mPerryfields Junior School
- 700mThe Tyrrells School
- 500mThe Boswells School
- 1.4kmChelmsford County High School for Girls
- 1.4kmSt John Payne Catholic School, Chelmsford
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Public Transport Nearby
From 83, Tamar Rise, Chelmsford, the nearest station is Chelmsford, 1.9 kilometres away.
- 1.9kmChelmsford
- 2.6kmBeaulieu Park
- 8.1kmHatfield Peverel
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
