Flat 2, 43
Flat 2, 43
Description & Estimates
Public records show Flat 2, 43, New Street, Chelmsford to be a modern leasehold apartment with 699 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 2, 43, New Street, Chelmsford has an estimated sale value of £274,822 and an estimated rental value of £1,312 per month, assuming reasonable condition and based on the information available.
The apartment sits within 43, New Street, Chelmsford, CM1.
New Street, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
Flat 2, 43, New Street, Chelmsford has 41 entries in the Land Registry , most recently in April 2020 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 43, New Street, Chelmsford would be worth £288,563, with a potential rental value of £1,378 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £255,584, with a rental value of £1,220 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 Flat 2, 43, New Street, Chelmsford has declined by £4,940 (1.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £36 (2.7%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
Flat 2, 43, New Street, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 2, 43, New Street, Chelmsford last changed hands on 17th April 2020, selling for £245,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 10.9% since April 2020.
- Sold Apr 2020£245,000
- Sold Jul 2013£180,000
- Sold Mar 2009£190,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of Flat 2, 43, New Street, Chelmsford across the last 2 years.
Most recently, 14, Dunn Side, Chelmsford, CM1 1BY, a leasehold flat, sold at £265,000 on the 20th March 2026.
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 Flat 2, 43, New Street, Chelmsford as the 19th largest and the 24th most expensive of the 50 addresses on New Street, Chelmsford, CM1.
Against the CM1 postcode district average, it is £140k less expensive than the typical property.
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Schools Nearby
- 400mThe Cathedral Church of England Voluntary Aided Primary School, Chelmsford
- 800mMaltese Road Primary School
- 900mTrinity Road Primary School
- 600mChelmsford County High School for Girls
- 600mKing Edward VI Grammar School, Chelmsford
- 1.5kmSt John Payne Catholic School, Chelmsford
More reading links
Public Transport Nearby
Chelmsford station is the nearest stop to Flat 2, 43, New Street, Chelmsford at 500 metres away.
- 500mChelmsford
- 3.7kmBeaulieu Park
- 9.3kmHatfield Peverel
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
