Flat 2, 6A
Flat 2, 6A
Description & Estimates
Flat 2, 6A, Broomfield Road, Chelmsford is recorded publicly as a modern leasehold apartment across 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, 6A, Broomfield Road, Chelmsford is £165,799 and its rental estimate is £1,032 per month, given the available information and assuming reasonable condition.
6A, Broomfield Road is a residential building on Broomfield Road, Chelmsford, CM1 and falls within the CM1 postal district and the borough of Chelmsford.
Our Data Sources
Flat 2, 6A, Broomfield Road, Chelmsford has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated November 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 2, 6A, Broomfield Road, Chelmsford, we estimate a market value of £174,089 and a rental value of £1,084 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £154,193 and £960 per month respectively.
Recent Market Change
Over the last year, Flat 2, 6A, Broomfield Road, Chelmsford has seen its estimated sale value fall by £732 (0.4%) and its estimated rental value move up by £40 per month (3.8%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
Flat 2, 6A, Broomfield Road, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 2, 6A, Broomfield Road, Chelmsford completed on 21st May 2018 at £168,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 1.9% over the period since May 2018.
- Sold May 2018£168,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 6A, Broomfield Road, Chelmsford have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2024, was Flat 1, 6A, Broomfield Road, Chelmsford, CM1 1SN, a leasehold flat which sold for £170,000.
Read more about house prices in CM1.
- Sold Feb 2024£170,000 | 1 Bed Flat6A, Broomfield RoadFlat 1, 6A, Broomfield Road, Chelmsford, CM1 1SN
- Sold Feb 2024£180,000 | 1 Bed Flat43A, Broomfield RoadFlat 12, 43A, Broomfield Road, Chelmsford, CM1 1SY
- Sold May 2018£170,000 | 1 Bed Flat6A, Broomfield RoadFlat 5, 6A, Broomfield Road, Chelmsford, CM1 1SN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 523 addresses on Broomfield Road, Chelmsford, CM1, Flat 2, 6A, Broomfield Road, Chelmsford comes out as the 482nd largest and the 474th most expensive in our analysis of the public data.
It is also £249k less expensive than the average property across the CM1 district.
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Schools Nearby
- 500mMaltese Road Primary School
- 700mThe Cathedral Church of England Voluntary Aided Primary School, Chelmsford
- 900mKings Road Primary School
- 300mKing Edward VI Grammar School, Chelmsford
- 700mChelmsford County High School for Girls
- 1.6kmSt John Payne Catholic School, Chelmsford
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Public Transport Nearby
From Flat 2, 6A, Broomfield Road, Chelmsford, the nearest station is Chelmsford, 200 metres away.
- 200mChelmsford
- 4.3kmBeaulieu Park
- 9.6kmIngatestone
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
