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According to the public record, 206A, Springfield Road, Chelmsford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 804 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 206A, Springfield Road, Chelmsford is £409,528 and the estimated rental value is £1,798 per month.
The apartment is within 206, Springfield Road, Chelmsford, CM2.
Springfield Road, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
206A, Springfield Road, Chelmsford has a single entry in the Land Registry from September 2016 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 1 out of 5 and is considered of low 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 206A, Springfield Road, Chelmsford is in very good condition we estimate a sale value of £430,005 and a rental value of £1,888 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,861 and a rental value of £1,672 per month.
Over the last 12 months the sale value of 206A Springfield Road Chelmsford has decreased by an estimated £7,561 (1.8%) and its rental value has increased by an estimated £45 per month (2.5%), giving an expected gross yield of 5.3%.
According to HM Land Registry, 206A, Springfield Road, Chelmsford was last sold on 23rd September 2016 for £295,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2016, the market for similar properties has dropped 6.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 206A, Springfield Road, Chelmsford within a radius of 570 metres over the last 2 years.
The most recent example is 206, Springfield Road, Chelmsford, CM2 6BN, a leasehold flat which sold for £290,000 on the 26th August 2016.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Chelmsford, CM2 has a total of 525 addresses. According to our analysis of all the public data, 206A, Springfield Road, Chelmsford is the 154th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in CM2.
The closest station to 206A, Springfield Road, Chelmsford is Chelmsford station which is 1.3 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 206A, Springfield Road, Chelmsford, 33.3% of property is privately owned with a mortgage and 30.6% 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 206A, Springfield Road, Chelmsford, 23.1% of residents are recorded as possessing school level qualifications and 46.0% 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 206A, Springfield Road, Chelmsford, the average age was 38.9 and the most common age was 52.
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 206A, Springfield Road, Chelmsford, 2.0% 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 206A, Springfield Road, Chelmsford, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
