According to the public record, 26, Gainsborough Crescent, Chelmsford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,044 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Gainsborough Crescent, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
26, Gainsborough Crescent, Chelmsford has 21 entries in the Land Registry database, most recently in May 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 26 Gainsborough Crescent Chelmsford as £359,606 and the rental value as £1,614 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 26 Gainsborough Crescent Chelmsford has decreased by £5,831 (1.6%) and its rental value has increased by £74 per month (4.6%).
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 26, Gainsborough Crescent, Chelmsford is in very good condition we estimate a sale value of £377,587 and rental value of £1,694 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,434 and a rental value of £1,501 per month.
If you were able to purchase this property for the estimated value of £359,606, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,767 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 HM Land Registry, 26, Gainsborough Crescent, Chelmsford was last sold on 05 May 2006 for £203,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Gainsborough Crescent, Chelmsford within a radius of 57m over the last 2 years.
The most recent example is 45, Gainsborough Crescent, Chelmsford, CM2 6DJ, a Freehold house which sold for £370,000 in Nov 2023.
Read more about house prices in CM2.
Gainsborough Crescent, Chelmsford, CM2 has a total of 46 addresses. According to our analysis of all the public data, 26, Gainsborough Crescent, Chelmsford is the 4th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in CM2.
The closest station to 26, Gainsborough Crescent, Chelmsford is Chelmsford station which is 1.5 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 26, Gainsborough Crescent, Chelmsford, 42.7% of property is privately owned with a mortgage and 36.8% 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 26, Gainsborough Crescent, Chelmsford, 19.9% of residents are recorded as possessing school level qualifications and 34.2% 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 26, Gainsborough Crescent, Chelmsford, the average age was 38.9 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 26, Gainsborough Crescent, 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 26, Gainsborough Crescent, Chelmsford, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.