According to the public record, 60, Vicarage Lane, Chelmsford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,257 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Vicarage Lane, Great Baddow, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
60, Vicarage Lane, Chelmsford has 21 entries in the Land Registry database, most recently in February 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 60 Vicarage Lane Chelmsford as £612,776 and the rental value as £1,915 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 60 Vicarage Lane Chelmsford has decreased by £5,726 (0.9%) and its rental value has increased by £103 per month (5.4%).
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, Vicarage Lane, Chelmsford is in very good condition we estimate a sale value of £643,414 and rental value of £2,010 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £569,881 and a rental value of £1,781 per month.
If you were able to purchase this property for the estimated value of £612,776, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,012 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, 60, Vicarage Lane, Chelmsford was last sold on 18 Feb 2011 for £362,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2011, the market for similar properties has risen 65.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Vicarage Lane, Chelmsford within a radius of 620 metres over the last 2 years.
The most recent example is 52, Vicarage Lane, Chelmsford, CM2 8HY, a Freehold house which sold for £546,000 in Jun 2021.
Read more about house prices in CM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vicarage Lane, Great Baddow, Chelmsford, CM2 has a total of 85 addresses. According to our analysis of all the public data, 60, Vicarage Lane, Chelmsford is the 45th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £212k more expensive than the average property in CM2.
The closest station to 60, Vicarage Lane, Chelmsford is Chelmsford station which is 3.5 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 60, Vicarage Lane, Chelmsford, 42.9% of property is privately owned outright and 27.7% 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, Vicarage Lane, Chelmsford, 18.6% of residents are recorded as possessing school level qualifications and 32.7% 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, Vicarage Lane, 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 60, Vicarage Lane, 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, Vicarage Lane, Chelmsford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.