45A, Fourth Avenue
45A, Fourth Avenue
Description & Estimates
Public records show 45A, Fourth Avenue, Chelmsford to be a modern leasehold apartment with 473 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
45A, Fourth Avenue, Chelmsford has an estimated sale value of £218,351 and an estimated rental value of £1,123 per month, assuming reasonable condition and based on the information available.
The apartment sits within 45, Fourth Avenue, Chelmsford, CM1.
Fourth Avenue, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
45A, Fourth Avenue, Chelmsford has 3 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 45A, Fourth Avenue, Chelmsford would be worth £229,269, with a potential rental value of £1,180 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £203,066, with a rental value of £1,045 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 45A, Fourth Avenue, Chelmsford has declined by £3,113 (1.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £33 (2.9%). The property's estimated gross yield is currently 6.2%.
Energy Efficiency
45A, Fourth Avenue, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
45A, Fourth Avenue, Chelmsford last changed hands on 7th February 2024, selling for £215,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 2.1% since February 2024.
- Sold Feb 2024£215,000
- Sold Nov 2016£172,000
- Sold Sep 2013£144,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of 45A, Fourth Avenue, Chelmsford across the last 2 years.
Most recently, 51A, Fourth Avenue, Chelmsford, CM1 4EZ, a leasehold flat, sold at £210,000 on the 28th May 2021.
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 45A, Fourth Avenue, Chelmsford as the 74th largest and the 77th most expensive of the 78 addresses on Fourth Avenue, Chelmsford, CM1.
Against the CM1 postcode district average, it is £196k less expensive than the typical property.
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Schools Nearby
- 700mSt Pius X Catholic Primary School
- 900mKings Road Primary School
- 1.0kmMaltese Road Primary School
- 600mSt John Payne Catholic School, Chelmsford
- 600mChelmsford County High School for Girls
- 1.1kmKing Edward VI Grammar School, Chelmsford
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Public Transport Nearby
Chelmsford station is the nearest stop to 45A, Fourth Avenue, Chelmsford at 1.4 kilometres away.
- 1.4kmChelmsford
- 3.5kmBeaulieu Park
- 9.0kmHatfield 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.
