According to the public record, 98, Lucas Avenue, Chelmsford is a mid-century freehold house and with 852 ft2 of internal area and sits on a 391 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lucas Avenue, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
98, Lucas Avenue, Chelmsford has 21 entries in the Land Registry database, most recently in September 2011 and a single entry in the EPC database dated October 2010.
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 98 Lucas Avenue Chelmsford as £371,966 and the rental value as £1,616 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 98 Lucas Avenue Chelmsford has decreased by £6,291 (1.7%) and its rental value has increased by £74 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 98, Lucas Avenue, Chelmsford is in very good condition we estimate a sale value of £390,564 and rental value of £1,696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,928 and a rental value of £1,503 per month.
If you were able to purchase this property for the estimated value of £371,966, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,828 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, 98, Lucas Avenue, Chelmsford sits on a plot of 391m2.
We have plot size data on 11 out of 21 other houses in the postcode and 98, Lucas Avenue, Chelmsford sits on the largest plot.
According to HM Land Registry, 98, Lucas Avenue, Chelmsford was last sold on 09 Sep 2011 for £224,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2011, the market for similar properties has risen 68.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 98, Lucas Avenue, Chelmsford within a radius of 77m over the last 2 years.
The most recent example is 12, Larch Grove, Chelmsford, CM2 9LX, a Freehold house which sold for £430,000 in Sep 2023.
Read more about house prices in CM2.
Lucas Avenue, Chelmsford, CM2 has a total of 154 addresses. According to our analysis of all the public data, 98, Lucas Avenue, Chelmsford is the 96th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in CM2.
98, Lucas Avenue, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2010.
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 98, Lucas Avenue, Chelmsford is Chelmsford station which is 2.4 km 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 98, Lucas Avenue, Chelmsford, 50.0% of property is privately owned outright and 32.2% 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 98, Lucas Avenue, Chelmsford, 14.9% of residents are recorded as possessing school level qualifications and 26.7% 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 98, Lucas Avenue, Chelmsford, the average age was 41.7 and the most common age was 47.
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 98, Lucas Avenue, Chelmsford, 0.0% 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 98, Lucas Avenue, 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.