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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
Flat 1, 63, Queensland Crescent, Chelmsford is described in the public record as a modern apartment with 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, 63, Queensland Crescent, Chelmsford is £163,355 and its rental estimate is £1,048 per month, given the available information and assuming reasonable condition.
63, Queensland Crescent is a residential building on Queensland Crescent, Chelmsford, CM1 and falls within the CM1 postal district and the borough of Chelmsford.
Flat 1, 63, Queensland Crescent, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated November 2019.
We combine this information with public data 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.
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 Flat 1, 63, Queensland Crescent, Chelmsford, we estimate a market value of £171,522 and a rental value of £1,101 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £151,920 and £975 per month respectively.
Over the last year, Flat 1, 63, Queensland Crescent, Chelmsford has seen its estimated sale value drop by £2,329 (1.4%) and its estimated rental value rise by £31 per month (2.9%). This results in an estimated gross rental yield of 7.7%.
Flat 1, 63, Queensland Crescent, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Over the past 2 years 3 properties similar to Flat 1, 63, Queensland Crescent, Chelmsford have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th August 2022, was 37, Queensland Crescent, Chelmsford, CM1 2DZ, a leasehold flat which sold for £175,000.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 75 addresses on Queensland Crescent, Chelmsford, CM1, Flat 1, 63, Queensland Crescent, Chelmsford comes out as the 72nd largest and the 72nd most expensive in our analysis of the public data.
It is also £251k less expensive than the average property across the CM1 district.
From Flat 1, 63, Queensland Crescent, Chelmsford, the nearest station is Chelmsford, 1.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 63, Queensland Crescent, Chelmsford, 61.7% of property is socially rented and 19.5% 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 Flat 1, 63, Queensland Crescent, Chelmsford, 22.6% of residents are recorded as possessing school level qualifications and 24.1% 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 Flat 1, 63, Queensland Crescent, Chelmsford, the average age was 40.5 and the most common age was 37.
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 Flat 1, 63, Queensland Crescent, Chelmsford, 0.0% 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 Flat 1, 63, Queensland Crescent, Chelmsford, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
