According to the public record, 72, Harberd Tye, Chelmsford is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Harberd Tye, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
72, Harberd Tye, Chelmsford has 31 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated March 2013.
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 72 Harberd Tye Chelmsford as £206,417 and the rental value as £1,133 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 72 Harberd Tye Chelmsford has decreased by £1,444 (0.7%) and its rental value has increased by £64 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 72, Harberd Tye, Chelmsford is in very good condition we estimate a sale value of £216,738 and rental value of £1,190 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,968 and a rental value of £1,054 per month.
If you were able to purchase this property for the estimated value of £206,417, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,014 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, 72, Harberd Tye, Chelmsford was last sold on 15 Jan 2021 for £218,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2021, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Harberd Tye, Chelmsford within a radius of 490 metres over the last 2 years.
The most recent example is 78, Harberd Tye, Chelmsford, CM2 9GJ, a Leasehold flat which sold for £206,000 in Oct 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 490 metres radius of 72, Harberd Tye, Chelmsford over the last 2 years.
Most recently 22, Chelmerton Avenue, Chelmsford, CM2 9RE, a Freehold house let by Andrea & Co in Jan 2024.
Harberd Tye, Chelmsford, CM2 has a total of 96 addresses. According to our analysis of all the public data, 72, Harberd Tye, Chelmsford is the 56th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in CM2.
72, Harberd Tye, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Mar 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 72, Harberd Tye, Chelmsford is Chelmsford station which is 2.1 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 72, Harberd Tye, Chelmsford, 39.7% of property is privately rented and 25.5% 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 72, Harberd Tye, Chelmsford, 11.9% of residents are recorded as possessing school level qualifications and 39.3% 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 72, Harberd Tye, 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 72, Harberd Tye, Chelmsford, 0.4% 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 72, Harberd Tye, Chelmsford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.