According to the public record, 20, Hopkins Mead, Chelmsford is a modern freehold house and with 1,011 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hopkins Mead, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
20, Hopkins Mead, Chelmsford has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated September 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 20 Hopkins Mead Chelmsford as £467,486 and the rental value as £1,781 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 20 Hopkins Mead Chelmsford has decreased by £5,686 (1.2%) and its rental value has increased by £90 per month (5.1%).
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 20, Hopkins Mead, Chelmsford is in very good condition we estimate a sale value of £490,860 and rental value of £1,870 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,762 and a rental value of £1,656 per month.
If you were able to purchase this property for the estimated value of £467,486, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,298 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, 20, Hopkins Mead, Chelmsford sits on a plot of 230m2.
We have plot size data on 28 out of 50 other houses in the postcode and 20, Hopkins Mead, Chelmsford sits on the 23rd largest plot.
According to HM Land Registry, 20, Hopkins Mead, Chelmsford was last sold on 25 Nov 2022 for £492,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Hopkins Mead, Chelmsford within a radius of 149m over the last 2 years.
The most recent example is 4, Palmers Croft, Chelmsford, CM2 6SR, a Freehold house which sold for £485,000 in Aug 2022.
Read more about house prices in CM2.
Hopkins Mead, Chelmsford, CM2 has a total of 101 addresses. According to our analysis of all the public data, 20, Hopkins Mead, Chelmsford is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in CM2.
20, Hopkins Mead, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2019.
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 20, Hopkins Mead, Chelmsford is Chelmsford station which is 2.5 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 20, Hopkins Mead, Chelmsford, 49.6% of property is privately owned with a mortgage and 40.2% 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 20, Hopkins Mead, Chelmsford, 19.5% of residents are recorded as possessing school level qualifications and 46.0% 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 20, Hopkins Mead, 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 20, Hopkins Mead, Chelmsford, 1.7% 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 20, Hopkins Mead, Chelmsford, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.