According to the public record, 117B, Rainsford Road, Chelmsford is a mid-century leasehold house and with 1,797 ft2 of internal area and sits on a 642 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Rainsford Road, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
117B, Rainsford Road, Chelmsford has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated April 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 117B Rainsford Road Chelmsford as £695,561 and the rental value as £2,305 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 117B Rainsford Road Chelmsford has decreased by £13,511 (1.9%) and its rental value has increased by £94 per month (4.1%).
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 117B, Rainsford Road, Chelmsford is in very good condition we estimate a sale value of £730,339 and rental value of £2,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £646,872 and a rental value of £2,144 per month.
If you were able to purchase this property for the estimated value of £695,561, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,418 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, 117B, Rainsford Road, Chelmsford sits on a plot of 642m2.
We have plot size data on 2 out of 5 other houses in the postcode and 117B, Rainsford Road, Chelmsford sits on the 2nd largest plot.
According to HM Land Registry, 117B, Rainsford Road, Chelmsford was last sold on 06 Jan 2023 for £717,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has dropped 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 117B, Rainsford Road, Chelmsford within a radius of 277m over the last 2 years.
The most recent example is 5, Tower Avenue, Chelmsford, CM1 2PW, a Freehold house which sold for £917,500 in Apr 2024.
Read more about house prices in CM1.
Rainsford Road, Chelmsford, CM1 has a total of 277 addresses. According to our analysis of all the public data, 117B, Rainsford Road, Chelmsford is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £294k more expensive than the average property in CM1.
117B, Rainsford Road, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Apr 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 117B, Rainsford Road, 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 117B, Rainsford Road, Chelmsford, 33.7% of property is privately rented and 25.6% 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 117B, Rainsford Road, Chelmsford, 14.5% of residents are recorded as possessing school level qualifications and 52.1% 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 117B, Rainsford Road, 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 117B, Rainsford Road, 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 117B, Rainsford Road, 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.