According to the public record, 41, Lambourne Chase, Chelmsford is a modern freehold house with 694 ft2 of internal area and sits on a 76.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lambourne Chase, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
41, Lambourne Chase, Chelmsford has 2 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated November 2013.
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 41 Lambourne Chase Chelmsford as £345,746 and the rental value as £1,472 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 41 Lambourne Chase Chelmsford has decreased by £5,197 (1.5%) and its rental value has increased by £71 per month (4.8%).
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 41, Lambourne Chase, Chelmsford is in very good condition we estimate a sale value of £363,034 and rental value of £1,545 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,544 and a rental value of £1,369 per month.
If you were able to purchase this property for the estimated value of £345,746, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,699 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, 41, Lambourne Chase, Chelmsford sits on a plot of 77m2.
We have plot size data on 17 out of 24 other houses in the postcode and 41, Lambourne Chase, Chelmsford sits on the 20th largest plot.
According to HM Land Registry, 41, Lambourne Chase, Chelmsford was last sold on 07 Jan 2014 for £215,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2014, the market for similar properties has risen 49.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Lambourne Chase, Chelmsford within a radius of 560 metres over the last 2 years.
The most recent example is 1, Pearl Square, Chelmsford, CM2 9FP, a Freehold house which sold for £278,000 in Mar 2021.
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 560 metres radius of 41, Lambourne Chase, Chelmsford over the last 2 years.
Most recently 22, Chelmerton Avenue, Chelmsford, CM2 9RE, a Freehold house let by Andrea & Co in Jan 2024.
Lambourne Chase, Chelmsford, CM2 has a total of 45 addresses. According to our analysis of all the public data, 41, Lambourne Chase, Chelmsford is the 27th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in CM2.
41, Lambourne Chase, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Nov 2013.
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 41, 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 41, 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 41, 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 41, 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 41, 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 41, 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.