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According to the public record, 2A, Gepps Close, Chelmsford is a modern freehold house with 882 ft2 of internal area and sits on a 281 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2A, Gepps Close, Chelmsford is £384,220 and the estimated rental value is £1,729 per month.
Gepps Close, High Easter, Chelmsford, CM1 is located in the borough of Uttlesford within the CM1 postal district.
2A, Gepps Close, Chelmsford has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 2A, Gepps Close, Chelmsford is in very good condition we estimate a sale value of £403,431 and a rental value of £1,815 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,324 and a rental value of £1,608 per month.
Over the last 12 months the sale value of 2A Gepps Close Chelmsford has decreased by an estimated £12,577 (3.3%) and its rental value has increased by an estimated £50 per month (2.9%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 2A, Gepps Close, Chelmsford sits on a plot of 281m2.
We have plot size data on 14 out of 17 other houses in the postcode and 2A, Gepps Close, Chelmsford sits on the 14th largest plot.
2A, Gepps Close, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jan 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, 2A, Gepps Close, Chelmsford was last sold on 7th October 2024 for £380,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has dropped 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Gepps Close, Chelmsford within a radius of 5.4 kilometres over the last 2 years.
The most recent example is Walnut Tree Cottage, The Street, Chelmsford, CM1 4QW, a freehold house which sold for £400,000 on the 18th December 2023.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gepps Close, High Easter, Chelmsford, CM1 has a total of 17 addresses. According to our analysis of all the public data, 2A, Gepps Close, Chelmsford is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in CM1.
The closest station to 2A, Gepps Close, Chelmsford is Stansted Airport station which is 11.0 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 2A, Gepps Close, Chelmsford, 43.3% of property is privately owned outright and 24.6% is privately owned with a mortgage.
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 2A, Gepps Close, Chelmsford, 17.7% of residents are recorded as possessing school level qualifications and 31.6% 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 2A, Gepps Close, Chelmsford, the average age was 42.1 and the most common age was 57.
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 2A, Gepps Close, Chelmsford, 3.8% 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 2A, Gepps Close, Chelmsford, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
