According to the public record, 14, Oxney Mead, Chelmsford is a mid-century apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Oxney Mead, Writtle, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
14, Oxney Mead, Chelmsford has no records in the Land Registry database and a single entry in the EPC database dated February 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 14 Oxney Mead Chelmsford as £281,254 and the rental value as £1,227 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 14 Oxney Mead Chelmsford has increased by £1,672 (0.6%) and its rental value has increased by £81 per month (6.6%).
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 14, Oxney Mead, Chelmsford is in very good condition we estimate a sale value of £295,317 and rental value of £1,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,566 and a rental value of £1,141 per month.
If you were able to purchase this property for the estimated value of £281,254, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,382 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 14, Oxney Mead, Chelmsford within a radius of 385m over the last 2 years.
The most recent example is 14, Fosters Close, Chelmsford, CM1 3NW, a Leasehold flat which sold for £253,000 in Jun 2023.
Read more about house prices in CM1.
Oxney Mead, Writtle, Chelmsford, CM1 has a total of 18 addresses. According to our analysis of all the public data, 14, Oxney Mead, Chelmsford is the 2nd largest and the 12th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in CM1.
14, Oxney Mead, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 14, Oxney Mead, Chelmsford is Chelmsford station which is 3.9 km 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 14, Oxney Mead, Chelmsford, 37.4% of property is privately owned outright and 36.3% is socially rented.
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 14, Oxney Mead, Chelmsford, 12.4% of residents are recorded as possessing school level qualifications and 25.9% 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 14, Oxney Mead, Chelmsford, the average age was 45.8 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 14, Oxney Mead, Chelmsford, 1.3% 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 14, Oxney Mead, Chelmsford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.