According to the public record, 2 Brambles, Chelmsford is a mid-century freehold house and with 1,323 ft2 of internal area and sits on a 16,192 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mayes Lane, Sandon, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
2 Brambles, Chelmsford has a single entry in the Land Registry database from October 2008 and a single entry in the EPC database dated April 2019.
We combine this information with that 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 2 Brambles Chelmsford as £687,317 and the rental value as £2,120 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 2 Brambles Chelmsford has decreased by £6,155 (0.9%) and its rental value has increased by £112 per month (5.3%).
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 2 Brambles, Chelmsford is in very good condition we estimate a sale value of £721,683 and rental value of £2,226 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £639,205 and a rental value of £1,972 per month.
If you were able to purchase this property for the estimated value of £687,317, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,378 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 data from HM Land Registry, 2 Brambles, Chelmsford sits on a plot of 16192m2.
We have plot size data on 7 out of 11 other houses in the postcode and 2 Brambles, Chelmsford sits on the 3rd largest plot.
According to HM Land Registry, 2 Brambles, Chelmsford was last sold on 02 Oct 2008 for £290,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2008, the market for similar properties has risen 77.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Brambles, Chelmsford within a radius of 405m over the last 2 years.
The most recent example is Fairview, Woodhill Road, Chelmsford, CM2 7SE, a Freehold house which sold for £675,000 in Oct 2017.
Read more about house prices in CM2.
Mayes Lane, Sandon, Chelmsford, CM2 has a total of 22 addresses. According to our analysis of all the public data, 2 Brambles, Chelmsford is the 21st largest and the 18th most expensive property on the street.
When compared to the postcode district it is £287k more expensive than the average property in CM2.
2 Brambles, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 2 Brambles, Chelmsford is Beaulieu Park station which is 5.3 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 2 Brambles, Chelmsford, 45.2% of property is privately owned outright and 37.5% is privately owned with a mortgage.
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 2 Brambles, Chelmsford, 13.6% of residents are recorded as possessing school level qualifications and 32.9% 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 2 Brambles, Chelmsford, the average age was 46.1 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 2 Brambles, Chelmsford, 2.0% 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 2 Brambles, Chelmsford, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.