39A, Tower Avenue
39A, Tower Avenue
Description & Estimates
39A, Tower Avenue, Chelmsford is recorded publicly as a mid-century leasehold apartment across 650 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 39A, Tower Avenue, Chelmsford is £239,016 and its rental estimate is £1,239 per month, given the available information and assuming reasonable condition.
39, Tower Avenue is a residential building on Tower Avenue, Chelmsford, CM1 and falls within the CM1 postal district and the borough of Chelmsford.
Our Data Sources
39A, Tower Avenue, Chelmsford has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated February 2010.
We combine this information with that 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
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 39A, Tower Avenue, Chelmsford, we estimate a market value of £250,967 and a rental value of £1,301 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £222,285 and £1,152 per month respectively.
Recent Market Change
Over the last year, 39A, Tower Avenue, Chelmsford has seen its estimated sale value fall by £3,407 (1.4%) and its estimated rental value move up by £36 per month (2.9%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
39A, Tower Avenue, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Feb 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 39A, Tower Avenue, Chelmsford completed on 9th November 2018 at £225,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.6% over the period since November 2018.
- Sold Nov 2018£225,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 39A, Tower Avenue, Chelmsford have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2024, was 26, Goodier Road, Chelmsford, CM1 2GG, a leasehold flat which sold for £225,000.
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
Of the 51 addresses on Tower Avenue, Chelmsford, CM1, 39A, Tower Avenue, Chelmsford comes out as the 46th largest and the 46th most expensive in our analysis of the public data.
It is also £176k less expensive than the average property across the CM1 district.
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Schools Nearby
- 500mKings Road Primary School
- 500mMaltese Road Primary School
- 800mWestlands Community Primary School
- 700mKing Edward VI Grammar School, Chelmsford
- 900mChelmsford County High School for Girls
- 1.3kmSt John Payne Catholic School, Chelmsford
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Public Transport Nearby
From 39A, Tower Avenue, Chelmsford, the nearest station is Chelmsford, 1.1 kilometres away.
- 1.1kmChelmsford
- 4.8kmBeaulieu Park
- 9.6kmIngatestone
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
