According to the public record, 6, Montfort Drive, Chelmsford is a modern leasehold apartment with 632 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Montfort Drive, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
6, Montfort Drive, Chelmsford has 3 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated November 2010.
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 6 Montfort Drive Chelmsford as £241,585 and the rental value as £1,203 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 6 Montfort Drive Chelmsford has decreased by £654 (0.3%) and its rental value has increased by £74 per month (6.1%).
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, Montfort Drive, Chelmsford is in very good condition we estimate a sale value of £253,664 and rental value of £1,263 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,674 and a rental value of £1,119 per month.
If you were able to purchase this property for the estimated value of £241,585, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,187 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, 6, Montfort Drive, Chelmsford was last sold on 24 Sep 2021 for £230,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Montfort Drive, Chelmsford within a radius of 530 metres over the last 2 years.
The most recent example is 28, Tydemans, Chelmsford, CM2 9FH, a Leasehold flat which sold for £257,500 in Mar 2023.
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 530 metres radius of 6, Montfort Drive, Chelmsford over the last 2 years.
Most recently 22, Chelmerton Avenue, Chelmsford, CM2 9RE, a Freehold house let by Andrea & Co in Jan 2024.
Montfort Drive, Chelmsford, CM2 has a total of 47 addresses. According to our analysis of all the public data, 6, Montfort Drive, Chelmsford is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in CM2.
6, Montfort Drive, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2010.
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 6, Montfort Drive, 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 6, Montfort Drive, 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 6, Montfort Drive, 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 6, Montfort Drive, 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 6, Montfort Drive, 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 6, Montfort Drive, 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.