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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
96, Orchard Way, Chelmsford is recorded publicly as a modern freehold house across 1,797 ft2 of internal area, sitting on a 538 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 96, Orchard Way, Chelmsford is £745,350 and its rental estimate is £2,239 per month, given the available information and assuming reasonable condition.
Orchard Way, Boreham, Chelmsford, CM3 falls within the CM3 postal district, in the borough of Chelmsford.
96, Orchard Way, Chelmsford has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 96, Orchard Way, Chelmsford, we estimate a market value of £782,617 and a rental value of £2,350 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £693,175 and £2,082 per month respectively.
Over the last year, 96, Orchard Way, Chelmsford has seen its estimated sale value drop by £12,185 (1.6%) and its estimated rental value rise by £67 per month (3.0%). This results in an estimated gross rental yield of 3.6%.
HM Land Registry records the plot of land for 96, Orchard Way, Chelmsford as measuring 538 m2.
That makes it the 3rd largest plot in the postcode, where 39 of the 62 other houses have recorded plot data.
96, Orchard Way, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 96, Orchard Way, Chelmsford completed on 31st March 2021 at £725,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 16.8% over the period since March 2021.
Over the past 2 years 3 properties similar to 96, Orchard Way, Chelmsford have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th May 2021, was 108, Orchard Way, Chelmsford, CM3 3GR, a freehold house which sold for £725,000.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 112 addresses on Orchard Way, Boreham, Chelmsford, CM3, 96, Orchard Way, Chelmsford comes out as the largest and the most expensive in our analysis of the public data.
It is also £252k more expensive than the average property across the CM3 district.
From 96, Orchard Way, Chelmsford, the nearest station is Beaulieu Park, 2.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 96, Orchard Way, Chelmsford, 45.9% of property is privately owned with a mortgage and 39.3% is privately owned outright.
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 96, Orchard Way, Chelmsford, 19.7% of residents are recorded as possessing school level qualifications and 33.4% 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 96, Orchard Way, Chelmsford, the average age was 39.5 and the most common age was 47.
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 96, Orchard Way, Chelmsford, 0.9% 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 96, Orchard Way, Chelmsford, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
