According to the public record, 7, Canford Close, Chelmsford is a mid-century freehold house with 1,130 ft2 of internal area and sits on a 235 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Canford Close, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
7, Canford Close, Chelmsford has a single entry in the Land Registry database from March 2023 and a single entry in the EPC database dated December 2022.
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 7 Canford Close Chelmsford as £457,395 and the rental value as £1,855 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 7 Canford Close Chelmsford has decreased by £4,342 (0.9%) and its rental value has increased by £100 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 7, Canford Close, Chelmsford is in very good condition we estimate a sale value of £480,265 and rental value of £1,948 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,378 and a rental value of £1,725 per month.
If you were able to purchase this property for the estimated value of £457,395, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,248 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, 7, Canford Close, Chelmsford sits on a plot of 235m2.
We have plot size data on 16 out of 39 other houses in the postcode and 7, Canford Close, Chelmsford sits on the 14th largest plot.
According to HM Land Registry, 7, Canford Close, Chelmsford was last sold on 31 Mar 2023 for £430,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Canford Close, Chelmsford within a radius of 520 metres over the last 2 years.
The most recent example is 86, Bramwoods Road, Chelmsford, CM2 7LT, a Freehold house which sold for £373,000 in Feb 2024.
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 520 metres radius of 7, Canford Close, Chelmsford over the last 2 years.
Most recently 22, Chelmerton Avenue, Chelmsford, CM2 9RE, a Freehold house let by Andrea & Co in Jan 2024.
Canford Close, Chelmsford, CM2 has a total of 40 addresses. According to our analysis of all the public data, 7, Canford Close, Chelmsford is the 27th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in CM2.
7, Canford Close, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Dec 2022.
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 7, Canford Close, Chelmsford is Chelmsford station which is 2.3 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 7, Canford Close, Chelmsford, 54.9% of property is privately owned outright and 41.0% 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 7, Canford Close, Chelmsford, 18.1% of residents are recorded as possessing school level qualifications and 36.3% 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 7, Canford Close, 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 7, Canford Close, Chelmsford, 1.9% 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 7, Canford Close, Chelmsford, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.