According to the public record, 60, Chestnut Walk, Chelmsford is a mid-century freehold house and with 785 ft2 of internal area and sits on a 207 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chestnut Walk, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
60, Chestnut Walk, Chelmsford has a single entry in the Land Registry database from February 2017 and a single entry in the EPC database dated May 2016.
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 60 Chestnut Walk Chelmsford as £349,436 and the rental value as £1,580 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 60 Chestnut Walk Chelmsford has decreased by £4,670 (1.3%) and its rental value has increased by £74 per month (4.7%).
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 60, Chestnut Walk, Chelmsford is in very good condition we estimate a sale value of £366,908 and rental value of £1,659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,975 and a rental value of £1,469 per month.
If you were able to purchase this property for the estimated value of £349,436, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,717 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, 60, Chestnut Walk, Chelmsford sits on a plot of 207m2.
We have plot size data on 25 out of 41 other houses in the postcode and 60, Chestnut Walk, Chelmsford sits on the 13th largest plot.
According to HM Land Registry, 60, Chestnut Walk, Chelmsford was last sold on 21 Feb 2017 for £324,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2017, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Chestnut Walk, Chelmsford within a radius of 277m over the last 2 years.
The most recent example is 33, Chestnut Walk, Chelmsford, CM1 4JT, a Freehold house which sold for £354,500 in Aug 2022.
Read more about house prices in CM1.
Chestnut Walk, Chelmsford, CM1 has a total of 67 addresses. According to our analysis of all the public data, 60, Chestnut Walk, Chelmsford is the 65th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in CM1.
60, Chestnut Walk, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 May 2016.
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 60, Chestnut Walk, Chelmsford is Chelmsford station which is 1.3 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 60, Chestnut Walk, Chelmsford, 52.2% of property is privately owned outright and 34.6% 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 60, Chestnut Walk, Chelmsford, 21.5% of residents are recorded as possessing school level qualifications and 41.3% 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 60, Chestnut Walk, Chelmsford, the average age was 43.2 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 60, Chestnut Walk, Chelmsford, 1.5% 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 60, Chestnut Walk, Chelmsford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.