According to the public record, 81, Ridgewell Avenue, Chelmsford is a modern freehold house and with 1,669 ft2 of internal area and sits on a 233 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ridgewell Avenue, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
81, Ridgewell Avenue, Chelmsford has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated November 2011.
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 81 Ridgewell Avenue Chelmsford as £639,020 and the rental value as £2,081 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 81 Ridgewell Avenue Chelmsford has decreased by £9,185 (1.4%) and its rental value has increased by £96 per month (4.6%).
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 81, Ridgewell Avenue, Chelmsford is in very good condition we estimate a sale value of £670,971 and rental value of £2,185 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £594,289 and a rental value of £1,935 per month.
If you were able to purchase this property for the estimated value of £639,020, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,141 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, 81, Ridgewell Avenue, Chelmsford sits on a plot of 233m2.
We have plot size data on 7 out of 11 other houses in the postcode and 81, Ridgewell Avenue, Chelmsford sits on the 5th largest plot.
According to HM Land Registry, 81, Ridgewell Avenue, Chelmsford was last sold on 11 Feb 2021 for £612,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 81, Ridgewell Avenue, Chelmsford within a radius of 143m over the last 2 years.
The most recent example is 17, Goodier Road, Chelmsford, CM1 2GG, a Freehold house which sold for £630,000 in Mar 2024.
Read more about house prices in CM1.
Ridgewell Avenue, Chelmsford, CM1 has a total of 44 addresses. According to our analysis of all the public data, 81, Ridgewell Avenue, Chelmsford is the 5th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £237k more expensive than the average property in CM1.
81, Ridgewell Avenue, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Nov 2011.
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 81, Ridgewell Avenue, Chelmsford is Chelmsford station which is 800 m 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 81, Ridgewell Avenue, Chelmsford, 41.9% of property is privately owned with a mortgage and 32.9% is privately owned outright.
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 81, Ridgewell Avenue, Chelmsford, 20.7% of residents are recorded as possessing school level qualifications and 55.1% 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 81, Ridgewell Avenue, Chelmsford, the average age was 38.2 and the most common age was 32.
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 81, Ridgewell Avenue, Chelmsford, 0.9% 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 81, Ridgewell Avenue, 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.