Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 2, 247, Springfield Road, Chelmsford is a early-century leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 247, Springfield Road, Chelmsford is £122,294 and the estimated rental value is £789 per month.
The apartment is within 247, Springfield Road, Chelmsford, CM2.
Springfield Road, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
Flat 2, 247, Springfield Road, Chelmsford has 41 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated October 2018.
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.
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 Flat 2, 247, Springfield Road, Chelmsford is in very good condition we estimate a sale value of £128,409 and a rental value of £829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,733 and a rental value of £734 per month.
Over the last 12 months the sale value of Flat 2 247 Springfield Road Chelmsford has decreased by an estimated £3,569 (2.9%) and its rental value has increased by an estimated £29 per month (3.7%), giving an expected gross yield of 7.7%.
Flat 2, 247, Springfield Road, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Oct 2018.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 247, Springfield Road, Chelmsford was last sold on 12th September 2017 for £116,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since September 2017, the market for similar properties has risen 52.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 247, Springfield Road, Chelmsford within a radius of 570 metres over the last 2 years.
The most recent example is 2A, Meadowside, Chelmsford, CM2 6LN, a leasehold flat which sold for £120,000 on the 16th February 2023.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Chelmsford, CM2 has a total of 525 addresses. According to our analysis of all the public data, Flat 2, 247, Springfield Road, Chelmsford is the 479th largest and the 520th most expensive property on the street.
When compared to the postcode district it is £277k less expensive than the average property in CM2.
The closest station to Flat 2, 247, Springfield Road, Chelmsford is Chelmsford station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 247, Springfield Road, Chelmsford, % of property is and % is .
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 2, 247, Springfield Road, Chelmsford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, 247, Springfield Road, 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 2, 247, Springfield Road, Chelmsford, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
