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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
According to the public record, Flat 2, 40, Eastern Crescent, Chelmsford is a modern apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 40, Eastern Crescent, Chelmsford is £209,775 and the estimated rental value is £1,221 per month.
The apartment is within 40, Eastern Crescent, Chelmsford, CM1.
Eastern Crescent, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
Flat 2, 40, Eastern Crescent, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
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.
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, 40, Eastern Crescent, Chelmsford is in very good condition we estimate a sale value of £220,264 and a rental value of £1,282 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,091 and a rental value of £1,135 per month.
Over the last 12 months the sale value of Flat 2 40 Eastern Crescent Chelmsford has decreased by an estimated £6,292 (3.0%) and its rental value has increased by an estimated £36 per month (2.9%), giving an expected gross yield of 7%.
Flat 2, 40, Eastern Crescent, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 40, Eastern Crescent, Chelmsford within a radius of 510 metres over the last 2 years.
The most recent example is Flat 2, 42, Eastern Crescent, Chelmsford, CM1 4JQ, a leasehold flat which sold for £181,000 on the 7th September 2017.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Crescent, Chelmsford, CM1 has a total of 92 addresses. According to our analysis of all the public data, Flat 2, 40, Eastern Crescent, Chelmsford is the 52nd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in CM1.
The closest station to Flat 2, 40, Eastern Crescent, Chelmsford is Chelmsford station which is 1.3 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 40, Eastern Crescent, Chelmsford, 57.1% of property is socially rented and 18.8% 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 2, 40, Eastern Crescent, Chelmsford, 23.2% of residents are recorded as possessing school level qualifications and 23.2% 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 2, 40, Eastern Crescent, Chelmsford, the average age was 38.4 and the most common age was 12.
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, 40, Eastern Crescent, Chelmsford, 0.5% 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, 40, Eastern Crescent, Chelmsford, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
