According to the public record, 34 Armstrong Gibbs Court, The Causeway, Chelmsford is a modern leasehold apartment and with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Causeway, Great Baddow, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
34 Armstrong Gibbs Court, The Causeway, Chelmsford has 2 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated April 2018.
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 34 Armstrong Gibbs Court The Causeway Chelmsford as £264,158 and the rental value as £1,275 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 34 Armstrong Gibbs Court The Causeway Chelmsford has decreased by £1,759 (0.7%) and its rental value has increased by £73 per month (5.7%).
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 34 Armstrong Gibbs Court, The Causeway, Chelmsford is in very good condition we estimate a sale value of £277,366 and rental value of £1,339 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,667 and a rental value of £1,186 per month.
If you were able to purchase this property for the estimated value of £264,158, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,298 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, 34 Armstrong Gibbs Court, The Causeway, Chelmsford was last sold on 17 Jan 2022 for £280,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34 Armstrong Gibbs Court, The Causeway, Chelmsford within a radius of 24m over the last 2 years.
The most recent example is 2 Armstrong Gibbs Court, The Causeway, Chelmsford, CM2 7FR, a Leasehold flat which sold for £314,000 in Nov 2023.
Read more about house prices in CM2.
The Causeway, Great Baddow, Chelmsford, CM2 has a total of 62 addresses. According to our analysis of all the public data, 34 Armstrong Gibbs Court, The Causeway, Chelmsford is the 29th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in CM2.
34 Armstrong Gibbs Court, The Causeway, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 34 Armstrong Gibbs Court, The Causeway, Chelmsford is Chelmsford station which is 3.0 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 34 Armstrong Gibbs Court, The Causeway, Chelmsford, 37.4% of property is privately owned with a mortgage and 31.3% 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 34 Armstrong Gibbs Court, The Causeway, Chelmsford, 5.8% of residents are recorded as possessing school level qualifications and 36.5% 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 34 Armstrong Gibbs Court, The Causeway, 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 34 Armstrong Gibbs Court, The Causeway, Chelmsford, 1.2% 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 34 Armstrong Gibbs Court, The Causeway, Chelmsford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.