According to the public record, Cedar Cottage, Chelmsford is a mid-century freehold house and with 1,087 ft2 of internal area and sits on a 548 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cedar Avenue West, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
Cedar Cottage, Chelmsford has a single entry in the Land Registry database from June 2020 and a single entry in the EPC database dated August 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 Cedar Cottage Chelmsford as £584,364 and the rental value as £1,885 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of Cedar Cottage Chelmsford has decreased by £8,400 (1.4%) and its rental value has increased by £87 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 Cedar Cottage, Chelmsford is in very good condition we estimate a sale value of £613,582 and rental value of £1,979 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £543,458 and a rental value of £1,753 per month.
If you were able to purchase this property for the estimated value of £584,364, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,872 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, Cedar Cottage, Chelmsford sits on a plot of 548m2.
We have plot size data on 11 out of 21 other houses in the postcode and Cedar Cottage, Chelmsford sits on the 4th largest plot.
According to HM Land Registry, Cedar Cottage, Chelmsford was last sold on 15 Jun 2020 for £537,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2020, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cedar Cottage, Chelmsford within a radius of 142m over the last 2 years.
The most recent example is 26, Cedar Avenue West, Chelmsford, CM1 2XA, a Freehold house which sold for £650,000 in Jul 2023.
Read more about house prices in CM1.
Cedar Avenue West, Chelmsford, CM1 has a total of 28 addresses. According to our analysis of all the public data, Cedar Cottage, Chelmsford is the 21st largest and the 14th most expensive property on the street.
When compared to the postcode district it is £183k more expensive than the average property in CM1.
Cedar Cottage, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Aug 2013.
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 Cedar Cottage, Chelmsford is Chelmsford station which is 400 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 Cedar Cottage, 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 Cedar Cottage, 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 Cedar Cottage, 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 Cedar Cottage, 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 Cedar Cottage, 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.