According to the public record, 4, Lambourne Chase, Chelmsford is a modern freehold house with 1,270 ft2 of internal area and sits on a 252 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lambourne Chase, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
4, Lambourne Chase, Chelmsford has 3 entries in the Land Registry database, most recently in August 2017 and a single entry in the EPC database dated March 2014.
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 4 Lambourne Chase Chelmsford as £504,939 and the rental value as £1,971 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 4 Lambourne Chase Chelmsford has decreased by £4,856 (1.0%) and its rental value has increased by £106 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 4, Lambourne Chase, Chelmsford is in very good condition we estimate a sale value of £530,186 and rental value of £2,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,593 and a rental value of £1,833 per month.
If you were able to purchase this property for the estimated value of £504,939, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,482 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, 4, Lambourne Chase, Chelmsford sits on a plot of 252m2.
We have plot size data on 17 out of 24 other houses in the postcode and 4, Lambourne Chase, Chelmsford sits on the 10th largest plot.
According to HM Land Registry, 4, Lambourne Chase, Chelmsford was last sold on 25 Aug 2017 for £490,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2017, the market for similar properties has risen 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Lambourne Chase, Chelmsford within a radius of 540 metres over the last 2 years.
The most recent example is 37, Lambourne Chase, Chelmsford, CM2 9FF, a Freehold house which sold for £500,000 in Mar 2023.
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 of a property similar to 4, Lambourne Chase, Chelmsford within a radius of 540 metres over the last 2 years.
Most recently 22, Chelmerton Avenue, Chelmsford, CM2 9RE, a Freehold house let by Andrea & Co in Jan 2024.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lambourne Chase, Chelmsford, CM2 has a total of 45 addresses. According to our analysis of all the public data, 4, Lambourne Chase, Chelmsford is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £104k more expensive than the average property in CM2.
4, Lambourne Chase, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2014.
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 4, Lambourne Chase, Chelmsford is Chelmsford station which is 2.6 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 4, Lambourne Chase, Chelmsford, 34.6% of property is privately owned with a mortgage and 31.7% 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 4, Lambourne Chase, Chelmsford, 16.0% of residents are recorded as possessing school level qualifications and 41.8% 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 4, Lambourne Chase, 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 4, Lambourne Chase, Chelmsford, 0.6% 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 4, Lambourne Chase, Chelmsford, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.