According to the public record, October House, Chelmsford is a mid-century freehold house and with 1,821 ft2 of internal area and sits on a 1,167 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
East Hanningfield Road, Sandon, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
October House, Chelmsford has a single entry in the Land Registry database from March 2009 and a single entry in the EPC database dated December 2008.
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 October House Chelmsford as £1,108,737 and the rental value as £3,344 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of October House Chelmsford has decreased by £12,062 (1.1%) and its rental value has increased by £169 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 October House, Chelmsford is in very good condition we estimate a sale value of £1,164,174 and rental value of £3,511 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,031,125 and a rental value of £3,109 per month.
If you were able to purchase this property for the estimated value of £1,108,737, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,449 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, October House, Chelmsford sits on a plot of 1167m2.
We have plot size data on 23 out of 43 other houses in the postcode and October House, Chelmsford sits on the 12th largest plot.
According to HM Land Registry, October House, Chelmsford was last sold on 05 Mar 2009 for £620,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2009, the market for similar properties has risen 78.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to October House, Chelmsford within a radius of 692m over the last 2 years.
The most recent example is Oakenshaw, East Hanningfield Road, Chelmsford, CM2 7TQ, a Freehold house which sold for £870,000 in Dec 2019.
Read more about house prices in CM2.
East Hanningfield Road, Sandon, Chelmsford, CM2 has a total of 66 addresses. According to our analysis of all the public data, October House, Chelmsford is the 47th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £708k more expensive than the average property in CM2.
October House, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Dec 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to October House, Chelmsford is Chelmsford station which is 6.1 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 October House, Chelmsford, 50.4% of property is privately owned outright and 38.6% 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 October House, Chelmsford, 16.4% of residents are recorded as possessing school level qualifications and 32.1% 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 October House, 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 October House, Chelmsford, 2.6% 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 October House, Chelmsford, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.