Flat 5, 2
Flat 5, 2
Description & Estimates
The public record describes Flat 5, 2, North Avenue, Chelmsford as a modern apartment with 592 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, 2, North Avenue, Chelmsford has an estimated sale value of £199,160 and an estimated rental value of £1,205 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, North Avenue, Chelmsford, CM1.
North Avenue, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
Flat 5, 2, North Avenue, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated July 2015.
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
In very good condition, we estimate Flat 5, 2, North Avenue, Chelmsford would be worth £209,118, with a potential rental value of £1,266 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £185,218, with a rental value of £1,121 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 5, 2, North Avenue, Chelmsford has moved down by £2,839 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £35 (2.9%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
Flat 5, 2, North Avenue, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jul 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 470 metres of Flat 5, 2, North Avenue, Chelmsford across the last 2 years.
Most recently, Flat 6, 44, Eastern Crescent, Chelmsford, CM1 4JQ, a leasehold flat, sold at £195,000 on the 28th August 2024.
Read more about house prices in CM1.
- Sold Aug 2024£195,000 | 2 Bed Flat44, Eastern CrescentFlat 6, 44, Eastern Crescent, Chelmsford, CM1 4JQ
- Sold Jun 2023£215,000 | 2 Bed Flat44, Eastern CrescentFlat 4, 44, Eastern Crescent, Chelmsford, CM1 4JQ
- Sold May 2023£215,000 | 2 Bed FlatKings Road10 Saints Court, Kings Road, Chelmsford, CM1 4FS
•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 5, 2, North Avenue, Chelmsford as the 93rd largest and the 93rd most expensive of the 95 addresses on North Avenue, Chelmsford, CM1.
Against the CM1 postcode district average, it is £216k less expensive than the typical property.
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Schools Nearby
- 100mKings Road Primary School
- 400mSt Pius X Catholic Primary School
- 500mMaltese Road Primary School
- 600mChelmsford County High School for Girls
- 700mKing Edward VI Grammar School, Chelmsford
- 700mSt John Payne Catholic School, Chelmsford
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Public Transport Nearby
Chelmsford station is the nearest stop to Flat 5, 2, North Avenue, Chelmsford at 1.2 kilometres away.
- 1.2kmChelmsford
- 4.3kmBeaulieu Park
- 9.8kmHatfield Peverel
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
