According to the public record, 6, Mace Walk, Chelmsford is a modern house with 1,506 ft2 of internal area and sits on a 401 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mace Walk, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
6, Mace Walk, Chelmsford has no records in the Land Registry database and a single entry in the EPC database dated March 2018.
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 6 Mace Walk Chelmsford as £731,558 and the rental value as £2,177 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 6 Mace Walk Chelmsford has decreased by £12,697 (1.7%) and its rental value has increased by £93 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 6, Mace Walk, Chelmsford is in very good condition we estimate a sale value of £768,136 and rental value of £2,286 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £680,349 and a rental value of £2,025 per month.
If you were able to purchase this property for the estimated value of £731,558, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,595 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, 6, Mace Walk, Chelmsford sits on a plot of 401m2.
We have plot size data on 3 out of 11 other houses in the postcode and 6, Mace Walk, Chelmsford sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Mace Walk, Chelmsford within a radius of 100m over the last 2 years.
The most recent example is 12, Riddiford Drive, Chelmsford, CM1 2GB, a Freehold house which sold for £787,500 in Aug 2023.
Read more about house prices in CM1.
Mace Walk, Chelmsford, CM1 has a total of 11 addresses. According to our analysis of all the public data, 6, Mace Walk, Chelmsford is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £330k more expensive than the average property in CM1.
6, Mace Walk, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 2018.
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 6, Mace Walk, Chelmsford is Chelmsford station which is 800 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 6, Mace Walk, Chelmsford, 38.7% of property is privately owned with a mortgage and 32.0% is privately rented.
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 6, Mace Walk, Chelmsford, 15.8% of residents are recorded as possessing school level qualifications and 50.0% 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 6, Mace Walk, 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 6, Mace Walk, Chelmsford, 0.8% 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 6, Mace Walk, 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.