According to the public record, 115, Beehive Lane, Chelmsford is a mid-century apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Beehive Lane, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
115, Beehive Lane, Chelmsford has no records in the Land Registry database and a single entry in the EPC database dated June 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 115 Beehive Lane Chelmsford as £158,358 and the rental value as £889 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 115 Beehive Lane Chelmsford has decreased by £1,339 (0.8%) and its rental value has increased by £49 per month (5.5%).
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 115, Beehive Lane, Chelmsford is in very good condition we estimate a sale value of £166,276 and rental value of £933 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,273 and a rental value of £826 per month.
If you were able to purchase this property for the estimated value of £158,358, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £778 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 115, Beehive Lane, Chelmsford within a radius of 520 metres over the last 2 years.
The most recent example is 366, Baddow Road, Chelmsford, CM2 9RA, a Leasehold flat which sold for £135,000 in Jan 2023.
Read more about house prices in CM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 520 metres radius of 115, Beehive Lane, Chelmsford over the last 2 years.
Most recently 22, Chelmerton Avenue, Chelmsford, CM2 9RE, a Freehold house let by Andrea & Co in Jan 2024.
Beehive Lane, Chelmsford, CM2 has a total of 282 addresses. According to our analysis of all the public data, 115, Beehive Lane, Chelmsford is the 282nd largest and the 279th most expensive property on the street.
When compared to the postcode district it is £242k less expensive than the average property in CM2.
115, Beehive Lane, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 115, Beehive Lane, Chelmsford is Chelmsford station which is 2.4 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 115, Beehive Lane, Chelmsford, 42.9% of property is privately owned with a mortgage and 36.5% is privately owned outright.
The graph below shows how this compares to Greater London 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 115, Beehive Lane, Chelmsford, 22.7% of residents are recorded as possessing school level qualifications and 34.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 115, Beehive Lane, Chelmsford, the average age was 40.8 and the most common age was 52.
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 115, Beehive Lane, Chelmsford, 1.9% 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 115, Beehive Lane, Chelmsford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.