Flat 3, 50
Flat 3, 50
Description & Estimates
Flat 3, 50, Peel Road, Chelmsford is described in the public record as a modern apartment with 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 50, Peel Road, Chelmsford is £334,532 and its rental estimate is £1,601 per month, given the available information and assuming reasonable condition.
50, Peel Road is a residential building on Peel Road, Chelmsford, CM2 and falls within the CM2 postal district and the borough of Chelmsford.
Our Data Sources
Flat 3, 50, Peel Road, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated March 2016.
We combine this information with public data 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.
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 3, 50, Peel Road, Chelmsford, we estimate a market value of £351,259 and a rental value of £1,681 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £311,115 and £1,489 per month respectively.
Recent Market Change
Over the last year, Flat 3, 50, Peel Road, Chelmsford has seen its estimated sale value decrease by £4,709 (1.4%) and its estimated rental value grow by £42 per month (2.6%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
Flat 3, 50, Peel Road, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 650 metres of Flat 3, 50, Peel Road, Chelmsford, per the Land Registry and our network of Estate Agents.
The latest, on the 5th March 2021, was 1, Robert Close, Chelmsford, CM2 6FJ, a freehold house which sold for £405,000.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 71 addresses on Peel Road, Chelmsford, CM2, Flat 3, 50, Peel Road, Chelmsford comes out as the 70th largest and the 69th most expensive in our analysis of the public data.
It is also £73k less expensive than the average property across the CM2 district.
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Schools Nearby
- 600mThe Tyrrells School
- 800mBarnes Farm Primary School
- 900mThe Bishops' Church of England and Roman Catholic Primary School
- 900mThe Boswells School
- 2.1kmChelmsford County High School for Girls
- 2.4kmKing Edward VI Grammar School, Chelmsford
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Public Transport Nearby
From Flat 3, 50, Peel Road, Chelmsford, the nearest station is Beaulieu Park, 2.1 kilometres away.
- 2.1kmBeaulieu Park
- 2.2kmChelmsford
- 7.6kmHatfield Peverel
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
