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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, The Bakery, Chelmsford is a modern freehold house with 2,131 ft2 of internal area and sits on a 437 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Bakery, Chelmsford is £930,322 and the estimated rental value is £3,080 per month.
Mill Road, Good Easter, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
The Bakery, Chelmsford has 21 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated December 2015.
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.
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 The Bakery, Chelmsford is in very good condition we estimate a sale value of £976,838 and a rental value of £3,234 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £865,199 and a rental value of £2,864 per month.
Over the last 12 months the sale value of The Bakery Chelmsford has decreased by an estimated £31,738 (3.4%) and its rental value has increased by an estimated £86 per month (2.8%), giving an expected gross yield of 4%.
According to data from HM Land Registry, The Bakery, Chelmsford sits on a plot of 437m2.
We have plot size data on 4 out of 4 other houses in the postcode and The Bakery, Chelmsford sits on the 2nd largest plot.
The Bakery, Chelmsford has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 23 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating, pipes in screed above insulation, electric.
According to HM Land Registry, The Bakery, Chelmsford was last sold on 10th August 2022 for £900,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2022, the market for similar properties has dropped 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Bakery, Chelmsford within a radius of 5.4 kilometres over the last 2 years.
The most recent example is Mudwall Farm, Chelmsford, CM1 4RL, a freehold house which sold for £1,023,000 on the 12th January 2023.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Road, Good Easter, Chelmsford, CM1 has a total of 23 addresses. According to our analysis of all the public data, The Bakery, Chelmsford is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £524k more expensive than the average property in CM1.
The closest station to The Bakery, Chelmsford is Chelmsford station which is 9.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around The Bakery, 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 The Bakery, 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 The Bakery, 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 The Bakery, 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 The Bakery, 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.
