According to the public record, 59, Rainsford Road, Chelmsford is a modern house with 409 ft2 of internal area and sits on a 20.9 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Rainsford Road, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
59, Rainsford Road, Chelmsford has no records in the Land Registry database and 4 entries in the EPC database, most recently in April 2023.
We combine this information with public data 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 59 Rainsford Road Chelmsford as £257,029 and the rental value as £1,112 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 59 Rainsford Road Chelmsford has decreased by £4,528 (1.8%) and its rental value has increased by £47 per month (4.3%).
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 59, Rainsford Road, Chelmsford is in very good condition we estimate a sale value of £269,881 and rental value of £1,168 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,037 and a rental value of £1,035 per month.
If you were able to purchase this property for the estimated value of £257,029, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,263 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, 59, Rainsford Road, Chelmsford sits on a plot of 21m2.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 59, Rainsford Road, Chelmsford within a radius of 411m over the last 2 years.
The most recent example is 40B, Maltese Road, Chelmsford, CM1 2PA, a Freehold house which sold for £190,000 in Mar 2023.
Read more about house prices in CM1.
Rainsford Road, Chelmsford, CM1 has a total of 277 addresses. According to our analysis of all the public data, 59, Rainsford Road, Chelmsford is the 270th largest and the 150th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in CM1.
59, Rainsford Road, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 59, Rainsford Road, Chelmsford is Chelmsford station which is 600 m 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 59, Rainsford Road, Chelmsford, 33.7% of property is privately rented and 25.6% 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 59, Rainsford Road, Chelmsford, 14.5% of residents are recorded as possessing school level qualifications and 52.1% 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 59, Rainsford Road, Chelmsford, the average age was 38.2 and the most common age was 32.
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 59, Rainsford Road, Chelmsford, 0.0% 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 59, Rainsford Road, 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.