According to the public record, 56, Vermeer Ride, Chelmsford is a modern freehold house and with 716 ft2 of internal area and sits on a 254 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Vermeer Ride, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
56, Vermeer Ride, Chelmsford has 2 entries in the Land Registry database, most recently in August 2010 and a single entry in the EPC database dated November 2008.
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 56 Vermeer Ride Chelmsford as £345,506 and the rental value as £1,555 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 56 Vermeer Ride Chelmsford has decreased by £5,513 (1.6%) and its rental value has increased by £70 per month (4.5%).
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 56, Vermeer Ride, Chelmsford is in very good condition we estimate a sale value of £362,781 and rental value of £1,633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,321 and a rental value of £1,447 per month.
If you were able to purchase this property for the estimated value of £345,506, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,698 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, 56, Vermeer Ride, Chelmsford sits on a plot of 254m2.
We have plot size data on 20 out of 39 other houses in the postcode and 56, Vermeer Ride, Chelmsford sits on the 6th largest plot.
According to HM Land Registry, 56, Vermeer Ride, Chelmsford was last sold on 27 Aug 2010 for £227,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2010, the market for similar properties has risen 72.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Vermeer Ride, Chelmsford within a radius of 170m over the last 2 years.
The most recent example is 42, Rubens Gate, Chelmsford, CM1 6GN, a Freehold house which sold for £370,000 in Jan 2024.
Read more about house prices in CM1.
Vermeer Ride, Chelmsford, CM1 has a total of 39 addresses. According to our analysis of all the public data, 56, Vermeer Ride, Chelmsford is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in CM1.
56, Vermeer Ride, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Nov 2008.
The property is connected to mains gas and has partial double glazing. It is heated using warm air.
The closest station to 56, Vermeer Ride, Chelmsford is Beaulieu Park station which is 1.4 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 56, Vermeer Ride, Chelmsford, 35.9% of property is privately owned outright and 35.1% 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 56, Vermeer Ride, Chelmsford, 16.5% of residents are recorded as possessing school level qualifications and 31.9% 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 56, Vermeer Ride, Chelmsford, the average age was 41.4 and the most common age was 57.
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 56, Vermeer Ride, Chelmsford, 0.4% 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 56, Vermeer Ride, 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.