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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 83, Wheatfield Way, Chelmsford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 705 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 83, Wheatfield Way, Chelmsford is £200,912 and the estimated rental value is £1,181 per month.
Wheatfield Way, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
83, Wheatfield Way, Chelmsford has 31 entries in the Land Registry , most recently in October 2008 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 83, Wheatfield Way, Chelmsford is in very good condition we estimate a sale value of £210,957 and a rental value of £1,240 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,848 and a rental value of £1,098 per month.
Over the last 12 months the sale value of 83 Wheatfield Way Chelmsford has decreased by an estimated £2,864 (1.4%) and its rental value has increased by an estimated £34 per month (2.9%), giving an expected gross yield of 7.1%.
According to HM Land Registry, 83, Wheatfield Way, Chelmsford was last sold on 24th October 2008 for £131,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2008, the market for similar properties has risen 52.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 83, Wheatfield Way, Chelmsford within a radius of 510 metres over the last 2 years.
The most recent example is 24, Rainsford Lane, Chelmsford, CM1 2QR, a leasehold flat which sold for £269,000 on the 25th October 2024.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheatfield Way, Chelmsford, CM1 has a total of 108 addresses. According to our analysis of all the public data, 83, Wheatfield Way, Chelmsford is the 33rd largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in CM1.
The closest station to 83, Wheatfield Way, Chelmsford is Chelmsford station which is 600 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 83, Wheatfield Way, Chelmsford, 38.4% of property is privately rented and 25.4% is socially rented.
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 83, Wheatfield Way, Chelmsford, 18.8% of residents are recorded as possessing school level qualifications and 34.2% 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 83, Wheatfield Way, Chelmsford, the average age was 38.2 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 83, Wheatfield Way, 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 83, Wheatfield Way, Chelmsford, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
