Flat 2, 86A
Flat 2, 86A
Description & Estimates
Flat 2, 86A, Broomfield Road, Chelmsford is recorded publicly as a modern leasehold apartment across 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 86A, Broomfield Road, Chelmsford is £195,556 and its rental estimate is £1,154 per month, given the available information and assuming reasonable condition.
86A, 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, 86A, Broomfield Road, Chelmsford has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated September 2015.
We combine this information with that 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.
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, 86A, Broomfield Road, Chelmsford, we estimate a market value of £205,334 and a rental value of £1,211 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £181,867 and £1,073 per month respectively.
Recent Market Change
Over the last year, Flat 2, 86A, Broomfield Road, Chelmsford has seen its estimated sale value drop by £2,788 (1.4%) and its estimated rental value rise by £34 per month (2.9%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
Flat 2, 86A, Broomfield Road, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 86A, Broomfield Road, Chelmsford completed on 12th October 2016 at £180,000 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 4.1% over the period since October 2016.
- Sold Oct 2016£180,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 86A, Broomfield Road, Chelmsford have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th January 2025, was 15, Lyttleton House 64, Broomfield Road, Chelmsford, CM1 1SW, a leasehold flat which sold for £210,000.
Read more about house prices in CM1.
- Sold Jan 2025£210,000 | 2 Bed FlatLyttleton House 64, Broomfield Road15, Lyttleton House 64, Broomfield Road, Chelmsford, CM1 1SW
- Sold Oct 2024£130,000 | 2 Bed FlatChancellor Court, Broomfield RoadFlat 2, Chancellor Court, Broomfield Road, Chelmsford, CM1 1RY
- Sold Sep 2024£163,000 | 2 Bed FlatChancellor Court, Broomfield RoadFlat 11, Chancellor Court, Broomfield Road, Chelmsford, CM1 1RY
•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, 86A, Broomfield Road, Chelmsford comes out as the 411th largest and the 390th most expensive in our analysis of the public data.
It is also £219k less expensive than the average property across the CM1 district.
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Schools Nearby
- 300mMaltese Road Primary School
- 700mKings Road Primary School
- 700mThe Cathedral Church of England Voluntary Aided Primary School, Chelmsford
- 200mKing Edward VI Grammar School, Chelmsford
- 400mChelmsford County High School for Girls
- 1.4kmSt John Payne Catholic School, Chelmsford
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Public Transport Nearby
From Flat 2, 86A, Broomfield Road, Chelmsford, the nearest station is Chelmsford, 400 metres away.
- 400mChelmsford
- 4.1kmBeaulieu Park
- 9.7kmHatfield Peverel
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.
