261A, Broomfield Road
261A, Broomfield Road
Description & Estimates
The public record describes 261A, Broomfield Road, Chelmsford as a mid-century apartment with 785 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
261A, Broomfield Road, Chelmsford has an estimated sale value of £143,849 and an estimated rental value of £817 per month, assuming reasonable condition and based on the information available.
Broomfield Road, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
261A, Broomfield Road, Chelmsford has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 261A, Broomfield Road, Chelmsford would be worth £151,041, with a potential rental value of £858 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £133,779, with a rental value of £760 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 261A, Broomfield Road, Chelmsford has dropped by £2,051 (1.4%) over the last year. During the same period, its estimated monthly rental value has risen by £24 (2.9%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
261A, Broomfield Road, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Sep 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
261A, Broomfield Road, Chelmsford last changed hands on 23rd September 1998, selling for £110,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Sep 1998£110,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 570 metres of 261A, Broomfield Road, Chelmsford across the last 2 years.
Most recently, 249A, Broomfield Road, Chelmsford, CM1 4DP, a leasehold flat, sold at £183,000 on the 8th December 2022.
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
Our analysis of the public data ranks 261A, Broomfield Road, Chelmsford as the 189th largest and the 483rd most expensive of the 523 addresses on Broomfield Road, Chelmsford, CM1.
Against the CM1 postcode district average, it is £271k less expensive than the typical property.
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Schools Nearby
- 600mSt Pius X Catholic Primary School
- 900mKings Road Primary School
- 1.0kmParkwood Academy
- 400mSt John Payne Catholic School, Chelmsford
- 900mChelmsford County High School for Girls
- 1.3kmKing Edward VI Grammar School, Chelmsford
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Public Transport Nearby
Chelmsford station is the nearest stop to 261A, Broomfield Road, Chelmsford at 1.6 kilometres away.
- 1.6kmChelmsford
- 3.6kmBeaulieu Park
- 9.1kmHatfield Peverel
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
