Red Lyons Lodge, Chelmsford
Red Lyons Lodge, Chelmsford
Description & Estimates
Public records show Red Lyons Lodge, Chelmsford to be a mid-century freehold house with 3,196 ft2 of internal area, sitting on a 3,127 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Red Lyons Lodge, Chelmsford has an estimated sale value of £846,948 and an estimated rental value of £3,299 per month, assuming reasonable condition and based on the information available.
Burnham Road, Latchingdon, Chelmsford, CM3 lies in the borough of Maldon, within the CM3 postal district.
Our Data Sources
Red Lyons Lodge, Chelmsford has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated December 2022.
We combine this information with that 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 Red Lyons Lodge, Chelmsford would be worth £889,295, with a potential rental value of £3,464 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £787,662, with a rental value of £3,068 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 Red Lyons Lodge, Chelmsford has fallen by £17,209 (2.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £70 (2.1%). The property's estimated gross yield is currently 4.7%.
Plot Size
Red Lyons Lodge, Chelmsford occupies a 3,127 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
Red Lyons Lodge, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Dec 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
Red Lyons Lodge, Chelmsford last changed hands on 18th February 2022, selling for £850,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 5.2% since February 2022.
- Sold Feb 2022£850,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.7 kilometres of Red Lyons Lodge, Chelmsford across the last 2 years.
Most recently, Old Oak Farm, Rectory Lane, Chelmsford, CM3 6HB, a freehold house, sold at £450,000 on the 5th December 2022.
Read more about house prices in CM3.
•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 Red Lyons Lodge, Chelmsford as the 3rd largest and the 6th most expensive of the 68 addresses on Burnham Road, Latchingdon, Chelmsford, CM3.
Against the CM3 postcode district average, it is £354k more expensive than the typical property.
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Schools Nearby
- 800mChristchurch Church of England Primary School
- 2.5kmMaylandsea Primary School
- 4.5kmCold Norton Primary School
- 6.4kmOrmiston Rivers Academy
- 8.0kmPlume School
- 8.2kmThe King Edmund School
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Public Transport Nearby
Althorne (Essex) station is the nearest stop to Red Lyons Lodge, Chelmsford at 2.5 kilometres away.
- 2.5kmAlthorne (Essex)
- 4.2kmNorth Fambridge
- 7.0kmSouthminster
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
