According to the public record, 53, Chestnut Walk, Chelmsford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 801 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Chestnut Walk, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
53, Chestnut Walk, Chelmsford has 21 entries in the Land Registry database, most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 53 Chestnut Walk Chelmsford as £347,431 and the rental value as £1,567 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 53 Chestnut Walk Chelmsford has decreased by £4,643 (1.3%) and its rental value has increased by £73 per month (4.7%).
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 53, Chestnut Walk, Chelmsford is in very good condition we estimate a sale value of £364,802 and rental value of £1,645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,111 and a rental value of £1,457 per month.
If you were able to purchase this property for the estimated value of £347,431, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,708 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, 53, Chestnut Walk, Chelmsford was last sold on 28 Sep 2007 for £199,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2007, the market for similar properties has risen 60.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Chestnut Walk, Chelmsford within a radius of 79m over the last 2 years.
The most recent example is 33, Chestnut Walk, Chelmsford, CM1 4JT, a Freehold house which sold for £354,500 in Aug 2022.
Read more about house prices in CM1.
Chestnut Walk, Chelmsford, CM1 has a total of 67 addresses. According to our analysis of all the public data, 53, Chestnut Walk, Chelmsford is the 59th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in CM1.
The closest station to 53, Chestnut Walk, Chelmsford is Chelmsford station which is 1.3 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 53, Chestnut Walk, Chelmsford, 52.2% of property is privately owned outright and 34.6% 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 53, Chestnut Walk, Chelmsford, 21.5% of residents are recorded as possessing school level qualifications and 41.3% 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 53, Chestnut Walk, 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 53, Chestnut Walk, Chelmsford, 1.5% 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 53, Chestnut Walk, 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.