According to the public record, 9, Newport Close, Chelmsford is a mid-century freehold house with 839 ft2 of internal area and sits on a 277 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Newport Close, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
9, Newport Close, Chelmsford has 21 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated October 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 9 Newport Close Chelmsford as £362,440 and the rental value as £1,604 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 9 Newport Close Chelmsford has decreased by £4,789 (1.3%) and its rental value has increased by £80 per month (5.0%).
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 9, Newport Close, Chelmsford is in very good condition we estimate a sale value of £380,562 and rental value of £1,684 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,069 and a rental value of £1,492 per month.
If you were able to purchase this property for the estimated value of £362,440, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,781 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, 9, Newport Close, Chelmsford sits on a plot of 277m2.
We have plot size data on 7 out of 12 other houses in the postcode and 9, Newport Close, Chelmsford sits on the 3rd largest plot.
According to HM Land Registry, 9, Newport Close, Chelmsford was last sold on 30 Nov 2023 for £367,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Newport Close, Chelmsford within a radius of 940 metres over the last 2 years.
The most recent example is 50, Gilmore Way, Chelmsford, CM2 7AP, a Freehold house which sold for £413,500 in Jul 2024.
Read more about house prices in CM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newport Close, Chelmsford, CM2 has a total of 23 addresses. According to our analysis of all the public data, 9, Newport Close, Chelmsford is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in CM2.
9, Newport Close, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Oct 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 9, Newport Close, Chelmsford is Chelmsford station which is 3.9 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 9, Newport Close, Chelmsford, 53.1% of property is privately owned outright and 37.7% 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 9, Newport Close, Chelmsford, 18.6% of residents are recorded as possessing school level qualifications and 27.0% 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 9, Newport Close, Chelmsford, the average age was 46.1 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 9, Newport Close, Chelmsford, 0.6% 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 9, Newport Close, 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.