Terraced 3 sales on record

7 MAGNOLIA CLOSE

CHELMSFORD, ESSEX, CM2 9HU

£352,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Heath Drive 0.1 miles
Shop Mike's Convenience Shop 0.2 miles
Train station Chelmsford 1.6 miles
University Writtle School of Design 2.4 miles

Property details

Tenure

Freehold

Property type

Terraced

Last sold

£352,000 Aug 2026

Local average

£348,964 (59 sales)

Street crime

149 incidents within 1 mile (Aug 2026)

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 07/08/2026 £352,000 Terraced +13.5% — View transaction
Sold 01/02/2019 £310,000 Terraced +18.5% £378,805 to July 2026 View transaction
Sold 24/03/2016 £261,500 Terraced — £350,298 to July 2026 View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
103 ROBIN WAY, CHELMSFORD, ESSEX, CM2 8AU £340,000 15/01/2026 Terraced
434 LINNET DRIVE, CHELMSFORD, ESSEX, CM2 8AL £320,000 08/12/2025 Terraced
2 CORMORANT WALK, CHELMSFORD, ESSEX, CM2 8BG £425,000 25/11/2025 Terraced
17 SKYLARK WALK, CHELMSFORD, ESSEX, CM2 8BA £335,000 22/07/2025 Terraced
101 LIME WALK, CHELMSFORD, ESSEX, CM2 9NJ £343,000 28/02/2025 Terraced
9 MAGNOLIA CLOSE, CHELMSFORD, ESSEX, CM2 9HU £385,000 17/06/2024 Terraced
20 FIRTREE RISE, CHELMSFORD, ESSEX, CM2 9HS £342,000 24/11/2023 Terraced
224 LINNET DRIVE, CHELMSFORD, ESSEX, CM2 8AJ £320,000 03/11/2023 Terraced
122 HEATH DRIVE, CHELMSFORD, ESSEX, CM2 9HQ £380,000 12/10/2023 Terraced
47 HEATH DRIVE, CHELMSFORD, ESSEX, CM2 9HE £382,000 08/09/2023 Terraced
6 LILAC CLOSE, CHELMSFORD, ESSEX, CM2 9NY £337,000 25/08/2023 Terraced
72 HEATH DRIVE, CHELMSFORD, ESSEX, CM2 9HF £390,000 13/07/2023 Terraced
97 ROBIN WAY, CHELMSFORD, ESSEX, CM2 8AU £365,000 07/12/2022 Terraced
254 LINNET DRIVE, CHELMSFORD, ESSEX, CM2 8AJ £365,000 07/12/2022 Terraced
27 FIRTREE RISE, CHELMSFORD, ESSEX, CM2 9HS £431,000 28/10/2022 Terraced
50 HAWFINCH WALK, CHELMSFORD, ESSEX, CM2 8BE £350,000 06/10/2022 Terraced
482 LINNET DRIVE, CHELMSFORD, ESSEX, CM2 8AN £370,000 12/09/2022 Terraced
604 LINNET DRIVE, CHELMSFORD, ESSEX, CM2 8AZ £385,000 31/08/2022 Terraced
304 LINNET DRIVE, CHELMSFORD, ESSEX, CM2 8AJ £352,000 26/08/2022 Terraced
89 ROBIN WAY, CHELMSFORD, ESSEX, CM2 8AU £387,500 19/08/2022 Terraced

Area average: £365,225 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 1.2%
10y growth 21%

House Price Index (HM Land Registry — official index, not sold-price averages): Chelmsford. Series: Terraced. As of July 2026.

1y (index) -1.5%
5y (index) 13.9%
10y (index) 30.6%

Rental Range

Estimated market rent for Chelmsford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,295/mo
Realistic £1,439/mo
Optimistic £1,583/mo

Based on Local Authority from postcode lookup → Chelmsford.

LHA (30th percentile) floor for Chelmsford: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Grace Bartlett Gardens, CM2 £1,295/mo 1 0.66 miles OpenRent
2 Bed Flat, Gallywood, CM2 £1,250/mo 2 0.96 miles OpenRent
1 Bed Flat, Parkinson Drive, CM1 £1,275/mo 1 1.09 miles OpenRent
1 Bed Flat, Moulsham St, CM2 £1,350/mo 1 1.2 miles OpenRent

Average rent: £1,293/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.37%
Max investor price (0.8%) £160,625
Target investor price (1%) £128,500
Gross yield 4.4%
Cost-to-rent ratio 22.8×
Monthly cashflow £-255/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

INSPIRE registered land data is not available for this location yet.

Street-level crime

Category Count
Violence and sexual offences 47
Anti-social behaviour 26
Vehicle crime 18
Criminal damage and arson 14
Other theft 14
Public order 10
Shoplifting 8
Drugs 5
Possession of weapons 3
Bicycle theft 2
Burglary 1
Other crime 1
Total incidents 149

Within 1 mile during Aug 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Mildmay Primary School Primary 0.2 miles Outstanding — 29 Oct 2014
Moulsham High School Secondary 0.3 miles Good — 27 Feb 2020
Moulsham Infant School Primary 0.4 miles Good — 10 Jun 2013
Moulsham Junior School Primary 0.4 miles Good — 22 May 2018
Beehive Lane Community Primary School Primary 0.5 miles Outstanding — 18 Apr 2016

FENSA

Window and door installation certificates found for this address.

Issued Work completed Windows Doors
17/08/2025 04/08/2025 1 1