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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record describes 50A, Hill Road, Chelmsford as a period apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
50A, Hill Road, Chelmsford has an estimated sale value of £259,938 and an estimated rental value of £1,258 per month, assuming reasonable condition and based on the information available.
The apartment sits within 50, Hill Road, Chelmsford, CM2.
Hill Road, Chelmsford, CM2 lies in the borough of Chelmsford, within the CM2 postal district.
50A, Hill Road, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 50A, Hill Road, Chelmsford would be worth £272,935, with a potential rental value of £1,321 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £241,743, with a rental value of £1,170 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 50A, Hill Road, Chelmsford has dropped by £3,659 (1.4%) over the last year. During the same period, its estimated monthly rental value has risen by £33 (2.6%). The property's estimated gross yield is currently 5.8%.
50A, Hill Road, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jun 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 50A, Hill Road, Chelmsford across the last 2 years.
Most recently, 58A, Hill Road, Chelmsford, CM2 6HP, a leasehold flat, sold at £275,000 on the 29th March 2023.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 50A, Hill Road, Chelmsford as the 71st largest and the 74th most expensive of the 83 addresses on Hill Road, Chelmsford, CM2.
Against the CM2 postcode district average, it is £148k less expensive than the typical property.
Chelmsford station is the nearest stop to 50A, Hill Road, Chelmsford at 1.2 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 50A, Hill Road, Chelmsford, 46.0% of property is privately owned with a mortgage and 31.0% 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 50A, Hill Road, Chelmsford, 21.3% of residents are recorded as possessing school level qualifications and 46.6% 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 50A, Hill 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 50A, Hill Road, Chelmsford, 1.0% 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 50A, Hill Road, Chelmsford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
