According to the public record, 27, Maldon Road, Chelmsford is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 553 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Maldon Road, Great Baddow, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
27, Maldon Road, Chelmsford has 31 entries in the Land Registry database, most recently in February 2016 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 27 Maldon Road Chelmsford as £205,343 and the rental value as £1,193 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 27 Maldon Road Chelmsford has decreased by £1,835 (0.9%) and its rental value has increased by £65 per month (5.4%).
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 27, Maldon Road, Chelmsford is in very good condition we estimate a sale value of £215,610 and rental value of £1,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,969 and a rental value of £1,110 per month.
If you were able to purchase this property for the estimated value of £205,343, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,009 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, 27, Maldon Road, Chelmsford was last sold on 29 Feb 2016 for £180,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2016, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Maldon Road, Chelmsford within a radius of 620 metres over the last 2 years.
The most recent example is 26, The Vineyards, Chelmsford, CM2 7QS, a Leasehold flat which sold for £190,000 in May 2024.
Read more about house prices in CM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maldon Road, Great Baddow, Chelmsford, CM2 has a total of 106 addresses. According to our analysis of all the public data, 27, Maldon Road, Chelmsford is the 94th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in CM2.
The closest station to 27, Maldon Road, Chelmsford is Chelmsford station which is 3.1 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 27, Maldon Road, Chelmsford, 31.5% of property is privately owned with a mortgage and 30.7% 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 27, Maldon Road, Chelmsford, 17.1% of residents are recorded as possessing school level qualifications and 27.0% 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 27, Maldon Road, 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 27, Maldon Road, Chelmsford, 0.8% 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 27, Maldon Road, Chelmsford, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.