According to the public record, 3, Ashmeads, Chelmsford is a modern freehold house with 691 ft2 of internal area and sits on a 103 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ashmeads, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
3, Ashmeads, Chelmsford has 2 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated October 2010.
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 3 Ashmeads Chelmsford as £338,629 and the rental value as £1,491 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 3 Ashmeads Chelmsford has decreased by £6,561 (1.9%) and its rental value has increased by £65 per month (4.3%).
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 3, Ashmeads, Chelmsford is in very good condition we estimate a sale value of £355,561 and rental value of £1,566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,925 and a rental value of £1,387 per month.
If you were able to purchase this property for the estimated value of £338,629, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,664 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, 3, Ashmeads, Chelmsford sits on a plot of 103m2.
We have plot size data on 9 out of 11 other houses in the postcode and 3, Ashmeads, Chelmsford sits on the 7th largest plot.
According to HM Land Registry, 3, Ashmeads, Chelmsford was last sold on 27 Nov 2014 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2014, the market for similar properties has risen 38.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Ashmeads, Chelmsford within a radius of 560 metres over the last 2 years.
The most recent example is 4, Ashmeads, Chelmsford, CM2 9FJ, a Freehold house which sold for £310,000 in Dec 2020.
Read more about house prices in CM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ashmeads, Chelmsford, CM2 has a total of 11 addresses. According to our analysis of all the public data, 3, Ashmeads, Chelmsford is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in CM2.
3, Ashmeads, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2010.
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 3, Ashmeads, Chelmsford is Chelmsford station which is 2.7 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 3, Ashmeads, Chelmsford, 40.7% of property is socially rented and 28.0% 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 3, Ashmeads, Chelmsford, 18.2% of residents are recorded as possessing school level qualifications and 26.1% 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 3, Ashmeads, Chelmsford, the average age was 40.8 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 3, Ashmeads, 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 3, Ashmeads, Chelmsford, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.