According to the public record, Fairlawn, Chelmsford is a modern freehold house and with 2,561 ft2 of internal area and sits on a 5,164 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Mayes Lane, Sandon, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
Fairlawn, Chelmsford has 31 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated January 2017.
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 Fairlawn Chelmsford as £901,621 and the rental value as £2,891 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Fairlawn Chelmsford has decreased by £9,809 (1.1%) and its rental value has increased by £146 per month (5.1%).
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 Fairlawn, Chelmsford is in very good condition we estimate a sale value of £946,702 and rental value of £3,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £838,507 and a rental value of £2,688 per month.
If you were able to purchase this property for the estimated value of £901,621, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,431 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, Fairlawn, Chelmsford sits on a plot of 5164m2.
We have plot size data on 6 out of 10 other houses in the postcode and Fairlawn, Chelmsford sits on the 2nd largest plot.
According to HM Land Registry, Fairlawn, Chelmsford was last sold on 31 Jul 2017 for £995,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2017, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Fairlawn, Chelmsford within a radius of 274m over the last 2 years.
The most recent example is Tekoa Lodge, Mayes Lane, Chelmsford, CM2 7RW, a Freehold house which sold for £887,500 in Jan 2024.
Read more about house prices in CM2.
Mayes Lane, Sandon, Chelmsford, CM2 has a total of 22 addresses. According to our analysis of all the public data, Fairlawn, Chelmsford is the 6th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £501k more expensive than the average property in CM2.
Fairlawn, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jan 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, LPG.
The closest station to Fairlawn, Chelmsford is Beaulieu Park station which is 5.8 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 Fairlawn, Chelmsford, 45.2% of property is privately owned outright and 37.5% 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 Fairlawn, Chelmsford, 13.6% of residents are recorded as possessing school level qualifications and 32.9% 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 Fairlawn, 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 Fairlawn, Chelmsford, 2.0% 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 Fairlawn, Chelmsford, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.