According to the public record, 29, Oldbury Avenue, Chelmsford is a mid-century freehold house with 1,097 ft2 of internal area and sits on a 406 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oldbury Avenue, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
29, Oldbury Avenue, Chelmsford has a single entry in the Land Registry database from April 2023 and a single entry in the EPC database dated November 2022.
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 29 Oldbury Avenue Chelmsford as £467,954 and the rental value as £1,884 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 29 Oldbury Avenue Chelmsford has decreased by £4,694 (1.0%) and its rental value has increased by £101 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 29, Oldbury Avenue, Chelmsford is in very good condition we estimate a sale value of £491,351 and rental value of £1,978 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,197 and a rental value of £1,752 per month.
If you were able to purchase this property for the estimated value of £467,954, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,300 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, 29, Oldbury Avenue, Chelmsford sits on a plot of 406m2.
We have plot size data on 9 out of 12 other houses in the postcode and 29, Oldbury Avenue, Chelmsford sits on the 3rd largest plot.
According to HM Land Registry, 29, Oldbury Avenue, Chelmsford was last sold on 11 Apr 2023 for £501,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2023, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Oldbury Avenue, Chelmsford within a radius of 660 metres over the last 2 years.
The most recent example is 86, Bramwoods Road, Chelmsford, CM2 7LT, a Freehold house which sold for £373,000 in Feb 2024.
Read more about house prices in CM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 660 metres radius of 29, Oldbury Avenue, Chelmsford over the last 2 years.
Most recently 22, Chelmerton Avenue, Chelmsford, CM2 9RE, a Freehold house let by Andrea & Co in Jan 2024.
Oldbury Avenue, Chelmsford, CM2 has a total of 25 addresses. According to our analysis of all the public data, 29, Oldbury Avenue, Chelmsford is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in CM2.
29, Oldbury Avenue, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Nov 2022.
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 29, Oldbury Avenue, Chelmsford is Chelmsford station which is 2.5 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 29, Oldbury Avenue, Chelmsford, 60.9% of property is privately owned outright and 32.0% 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 29, Oldbury Avenue, Chelmsford, 13.3% of residents are recorded as possessing school level qualifications and 34.9% 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 29, Oldbury Avenue, 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 29, Oldbury Avenue, 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 29, Oldbury Avenue, 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.