According to the public record, 6, Reynards Court, Chelmsford is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Reynards Court, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
6, Reynards Court, Chelmsford has 21 entries in the Land Registry database, most recently in May 2018 and a single entry in the EPC database dated May 2021.
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 Reynards Court Chelmsford as £201,638 and the rental value as £1,156 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 6 Reynards Court Chelmsford has decreased by £1,326 (0.7%) and its rental value has increased by £66 per month (5.7%).
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 6, Reynards Court, Chelmsford is in very good condition we estimate a sale value of £211,720 and rental value of £1,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,523 and a rental value of £1,075 per month.
If you were able to purchase this property for the estimated value of £201,638, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £991 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, Reynards Court, Chelmsford was last sold on 18 May 2018 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2018, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Reynards Court, Chelmsford within a radius of 580 metres over the last 2 years.
The most recent example is 8, Reynards Court, Chelmsford, CM2 7HU, a Leasehold flat which sold for £195,000 in Jul 2023.
Read more about house prices in CM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reynards Court, Chelmsford, CM2 has a total of 12 addresses. According to our analysis of all the public data, 6, Reynards Court, Chelmsford is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in CM2.
6, Reynards Court, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 6, Reynards Court, Chelmsford is Chelmsford station which is 3.1 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, Reynards Court, Chelmsford, 45.7% of property is privately owned outright and 30.2% 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 6, Reynards Court, Chelmsford, 11.7% of residents are recorded as possessing school level qualifications and 34.8% 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, Reynards Court, 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, Reynards Court, Chelmsford, 1.7% 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, Reynards Court, 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.