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).
House Price Index (HM Land Registry — official index, not sold-price averages): Chelmsford. Series: Terraced. As of July 2026.
Rental Range
Estimated market rent for Chelmsford. Low = conservative, Realistic = average, Optimistic = best case.
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 — 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 |