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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Mays Cottage, Chelmsford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,377 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Mays Cottage, Chelmsford is £607,934 and the estimated rental value is £2,053 per month.
Good Easter, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
Mays Cottage, Chelmsford has 21 entries in the Land Registry , most recently in May 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Mays Cottage, Chelmsford is in very good condition we estimate a sale value of £638,330 and a rental value of £2,155 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £565,378 and a rental value of £1,909 per month.
Over the last 12 months the sale value of Mays Cottage Chelmsford has decreased by an estimated £19,625 (3.2%) and its rental value has increased by an estimated £60 per month (2.9%), giving an expected gross yield of 4.1%.
According to HM Land Registry, Mays Cottage, Chelmsford was last sold on 20th May 2016 for £530,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2016, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mays Cottage, Chelmsford within a radius of 5.6 kilometres over the last 2 years.
The most recent example is 1 Brick House Villas, Chelmsford Road, Chelmsford, CM1 4PX, a freehold house which sold for £560,000 on the 12th May 2023.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Good Easter, Chelmsford, CM1 has a total of 41 addresses. According to our analysis of all the public data, Mays Cottage, Chelmsford is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £202k more expensive than the average property in CM1.
The closest station to Mays Cottage, Chelmsford is Chelmsford station which is 9.6 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Mays Cottage, Chelmsford, 44.0% of property is privately owned outright and 31.3% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Mays Cottage, Chelmsford, 14.9% of residents are recorded as possessing school level qualifications and 31.6% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Mays Cottage, Chelmsford, the average age was 40.5 and the most common age was 37.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Mays Cottage, Chelmsford, 0.5% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Mays Cottage, Chelmsford, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
