According to the public record, 319, Main Road, Chelmsford is a period freehold house and with 785 ft2 of internal area and sits on a 358 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Main Road, Broomfield, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
319, Main Road, Chelmsford has 2 entries in the Land Registry database, most recently in September 2020 and 2 entries in the EPC database, most recently in February 2020.
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 319 Main Road Chelmsford as £352,872 and the rental value as £1,582 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 319 Main Road Chelmsford has decreased by £5,336 (1.5%) and its rental value has increased by £72 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 319, Main Road, Chelmsford is in very good condition we estimate a sale value of £370,515 and rental value of £1,661 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,171 and a rental value of £1,471 per month.
If you were able to purchase this property for the estimated value of £352,872, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,734 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, 319, Main Road, Chelmsford sits on a plot of 358m2.
We have plot size data on 10 out of 12 other houses in the postcode and 319, Main Road, Chelmsford sits on the 3rd largest plot.
According to HM Land Registry, 319, Main Road, Chelmsford was last sold on 25 Sep 2020 for £395,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2020, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 319, Main Road, Chelmsford within a radius of 57m over the last 2 years.
The most recent example is 301, Main Road, Chelmsford, CM1 7AX, a Freehold house which sold for £242,500 in Jan 2020.
Read more about house prices in CM1.
Main Road, Broomfield, Chelmsford, CM1 has a total of 242 addresses. According to our analysis of all the public data, 319, Main Road, Chelmsford is the 169th largest and the 174th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in CM1.
319, Main Road, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Feb 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 319, Main Road, Chelmsford is Chelmsford station which is 3.4 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 319, Main Road, Chelmsford, 58.4% of property is privately owned outright and 29.6% 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 319, Main Road, Chelmsford, 9.5% of residents are recorded as possessing school level qualifications and 32.6% 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 319, Main Road, Chelmsford, the average age was 43.2 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 319, Main Road, Chelmsford, 0.0% 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 319, Main Road, Chelmsford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.