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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Spinney, Chelmsford is £654,009 and the estimated rental value is £2,108 per month.
High Easter, Chelmsford, CM1 is located in the borough of Uttlesford within the CM1 postal district.
The Spinney, Chelmsford has 21 entries in the Land Registry , most recently in October 2007 and a single entry in the EPC database dated June 2019.
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 Spinney, Chelmsford is in very good condition we estimate a sale value of £686,709 and a rental value of £2,213 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £608,228 and a rental value of £1,960 per month.
Over the last 12 months the sale value of The Spinney Chelmsford has decreased by an estimated £21,112 (3.2%) and its rental value has increased by an estimated £61 per month (2.9%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, The Spinney, Chelmsford sits on a plot of 337m2.
We have plot size data on 2 out of 7 other houses in the postcode and The Spinney, Chelmsford sits on the 2nd largest plot.
The Spinney, Chelmsford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 20 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, The Spinney, Chelmsford was last sold on 11th October 2007 for £418,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2007, the market for similar properties has risen 45.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Spinney, Chelmsford within a radius of 5.3 kilometres over the last 2 years.
The most recent example is Kingfishers, The Street, Chelmsford, CM1 4QR, a freehold house which sold for £630,000 on the 15th June 2021.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Easter, Chelmsford, CM1 has a total of 61 addresses. According to our analysis of all the public data, The Spinney, Chelmsford is the 43rd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £248k more expensive than the average property in CM1.
The closest station to The Spinney, Chelmsford is Chelmsford station which is 10.7 kilometres away.
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 The Spinney, Chelmsford, 45.0% of property is privately owned outright and 33.6% 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 Spinney, Chelmsford, 17.1% of residents are recorded as possessing school level qualifications and 37.4% 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 Spinney, Chelmsford, the average age was 42.1 and the most common age was 57.
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 Spinney, Chelmsford, 2.1% 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 Spinney, Chelmsford, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.