According to the public record, Flat 8, Sandon Brook Manor, Chelmsford is a period leasehold apartment and with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Sandon Brook Manor, Sandon Brook Place, Sandon, Chelmsford, CM2.
Sandon Brook Place, Sandon, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
Flat 8, Sandon Brook Manor, Chelmsford has 51 entries in the Land Registry database, most recently in March 2022 and 2 entries in the EPC database, most recently in October 2020.
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 Flat 8 Sandon Brook Manor Chelmsford as £275,209 and the rental value as £1,411 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 8 Sandon Brook Manor Chelmsford has increased by £1,858 (0.7%) and its rental value has increased by £98 per month (6.9%).
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 Flat 8, Sandon Brook Manor, Chelmsford is in very good condition we estimate a sale value of £288,969 and rental value of £1,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,944 and a rental value of £1,312 per month.
If you were able to purchase this property for the estimated value of £275,209, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,353 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 HM Land Registry, Flat 8, Sandon Brook Manor, Chelmsford was last sold on 31 Mar 2022 for £280,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Sandon Brook Manor, Chelmsford within a radius of 2.1km over the last 2 years.
The most recent example is Flat 2, Baddow Court, Church Street, Chelmsford, CM2 7JB, a Leasehold flat which sold for £375,000 in Jul 2022.
Read more about house prices in CM2.
Sandon Brook Place, Sandon, Chelmsford, CM2 has a total of 14 addresses. According to our analysis of all the public data, Flat 8, Sandon Brook Manor, Chelmsford is the 10th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in CM2.
Flat 8, Sandon Brook Manor, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 8, Sandon Brook Manor, Chelmsford is Beaulieu Park station which is 4.1 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 Flat 8, Sandon Brook Manor, 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 Flat 8, Sandon Brook Manor, 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 Flat 8, Sandon Brook Manor, 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 Flat 8, Sandon Brook Manor, 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 Flat 8, Sandon Brook Manor, 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.