# 12 OSEA WAY, CHELMSFORD, ESSEX, CM1 6JT

## Property details

- Slug: `8fae046` (address key hash: `8fae046fb554b2ff76be053146cc1f8533c9c788`)
- Postcode: CM1 6JT
- Transactions on record: 2

- Tenure: Freehold
- Property type: Terraced
- Last sold: £407,500 Jul 2026
- Local average: £398,096 (53 sales)
- Street crime: 171 incidents within 1 mile (Aug 2026)

## Latest sale

- Price: £407,500
- Date: 2026-07-07
- Type: T
- Tenure: F

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-07-07 | £407,500 | Terraced | +29.4% | £407,500 (to July 2026) | [View](http://87.117.209.195:8080/house-prices/5834e4e8-ad3c-29c7-e063-4804a8c015bc) |
| Sold | 2017-10-25 | £315,000 | Terraced | — | £390,631 (to July 2026) | [View](http://87.117.209.195:8080/house-prices/5cf9903b-d0ef-7f13-e053-6c04a8c074b1) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 12 OSEA WAY, CHELMSFORD, ESSEX, CM1 6JT | £407,500 | 07/07/2026 | Terraced |
| 12 OSEA WAY, CHELMSFORD, ESSEX, CM1 6JT | £315,000 | 25/10/2017 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 10 HONEYSUCKLE PATH, CHELMSFORD, ESSEX, CM1 6XT | £350,000 | 18/12/2025 | Terraced |
| 19 CORNFLOWER DRIVE, CHELMSFORD, ESSEX, CM1 6XY | £365,000 | 30/09/2025 | Terraced |
| 30 OSEA WAY, CHELMSFORD, ESSEX, CM1 6JT | £370,000 | 03/09/2025 | Terraced |
| 11 OSEA WAY, CHELMSFORD, ESSEX, CM1 6JS | £410,000 | 14/12/2023 | Terraced |
| 10 DAHLIA CLOSE, CHELMSFORD, ESSEX, CM1 6YG | £345,000 | 01/12/2023 | Terraced |
| 4 CANVEY WALK, CHELMSFORD, ESSEX, CM1 6LB | £350,000 | 30/11/2023 | Terraced |
| 14 CORNFLOWER DRIVE, CHELMSFORD, ESSEX, CM1 6XY | £390,000 | 27/11/2023 | Terraced |
| 17 CORNFLOWER DRIVE, CHELMSFORD, ESSEX, CM1 6XY | £425,000 | 15/12/2022 | Terraced |
| 4 IRIS CLOSE, CHELMSFORD, ESSEX, CM1 6XS | £354,800 | 08/09/2022 | Terraced |
| 32 CANVEY WALK, CHELMSFORD, ESSEX, CM1 6LB | £190,000 | 02/09/2022 | Terraced |
| 3 HEATHER COURT, CHELMSFORD, ESSEX, CM1 6YQ | £350,000 | 26/08/2022 | Terraced |
| 2 CARNATION CLOSE, CHELMSFORD, ESSEX, CM1 6XR | £450,000 | 25/05/2022 | Terraced |
| 7 OSEA WAY, CHELMSFORD, ESSEX, CM1 6JS | £385,000 | 28/02/2022 | Terraced |
| 14 HONEYSUCKLE PATH, CHELMSFORD, ESSEX, CM1 6XT | £342,000 | 20/01/2022 | Terraced |
| 69 WALLASEA GARDENS, CHELMSFORD, ESSEX, CM1 6JY | £340,000 | 20/12/2021 | Terraced |

**Area average:** £361,120 (15 sales)

## For sale comparables

*Active for-sale listings within 1 mile, matched to the same property type. Bedroom counts vary — use the Beds column to compare like-for-like.*

| Address | Price | Beds | Type | Distance |
|---------|-------|------|------|----------|
| [Ramshaw Drive, Chelmer Village, CHELMSFORD](http://87.117.209.195:8080/listings/ec89ede) | £335,000 | 2 | Terraced | 0.77 mi |

## Capital growth trend

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

- **5y growth:** 16.5%
- **10y growth:** 8.9%

## House Price Index (HM Land Registry)

*Official index for Chelmsford; Terraced series; as of July 2026.*

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

## Rental Range

*ONS Price Index of Private Rents (Chelmsford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,295/mo
- **Realistic:** £1,439/mo
- **Optimistic:** £1,583/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent 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 |
|------|------|------|------|------|
| 2 Bed Flat, Foxglove Way, CM1 | £1,250/mo | 2 | 0.29 miles | OpenRent |
| 2 Bed Flat, Springfield Road, CM2 | £1,500/mo | 2 | 0.34 miles | OpenRent |
| 3 Bed Detached House, Sidmouth Road, CM1 | £2,100/mo | 3 | 0.35 miles | OpenRent |
| 2 Bed Terraced House, Burton Place, CM2 | £1,595/mo | 2 | 0.49 miles | OpenRent |
| 3 Bed Terraced House, Bluebell Green, CM1 | £1,700/mo | 3 | 0.54 miles | OpenRent |
| 1 Bed Semi-Detached House, Cook Place, CM2 | £1,200/mo | 1 | 0.54 miles | OpenRent |
| 1 Bed Semi-Detached House, Cook Place, CM2 | £1,200/mo | 1 | 0.54 miles | OpenRent |
| 4 Bed Terraced House, Stanley Rise, CM2 | £2,200/mo | 4 | 0.57 miles | OpenRent |
| 4 Bed Semi-Detached House, Ratcliffe Gate, CM1 | £2,750/mo | 4 | 0.89 miles | OpenRent |

**Average rent: £1,722/mo (9 listings)**

## 1% Rule

- **Rent ratio:** 0.39% (weak for cashflow)
- **Max investor price (0.8%):** £199,375
- **Target investor price (1%):** £159,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,595/mo).*

- **Gross yield:** 4.7%
- **Cost-to-rent:** 21.3×
- **Monthly cashflow:** £-194/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 68 |
| Shoplifting | 27 |
| Anti-social behaviour | 19 |
| Public order | 13 |
| Other theft | 10 |
| Vehicle crime | 10 |
| Criminal damage and arson | 7 |
| Other crime | 7 |
| Drugs | 5 |
| Burglary | 3 |
| Bicycle theft | 1 |
| Theft from the person | 1 |
| **Total incidents** | **171** |

*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.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| The Bishops' Church of England and Roman Catholic Primary School | Primary | 0.3 miles | Good — 12 Nov 2012 |
| The Tyrrells School | Primary | 0.3 miles | Good — 13 Nov 2019 |
| The Boswells School | Secondary | 0.4 miles | Good — 17 May 2013 |
| Springfield Primary School | Primary | 0.5 miles | Good — 8 Dec 2021 |
| Chelmsford Hospital School | Other | 0.5 miles | Outstanding — 1 May 2024 |

## FENSA Certificates

This property has 3 FENSA certificate(s) on record.

### FENSA Certificate #14480640
- **Address:** 12 Osea Way, CHELMSFORD, CM1 6JT
- **Certificate Issued:** 07/03/2021
- **Work Completed:** 01/03/2021
- **Items:** 9 window(s), 1 door(s)

### FENSA Certificate #4145251
- **Address:** 12 Osea Way, CHELMSFORD, CM1 6JT
- **Certificate Issued:** 23/10/2006
- **Work Completed:** 12/09/2006
- **Items:** 2 window(s), 1 door(s)

### FENSA Certificate #3301382
- **Address:** 12 Osea Way, CHELMSFORD, CM1 6JT
- **Certificate Issued:** 12/12/2005
- **Work Completed:** 23/11/2005
- **Items:** 7 window(s), 1 door(s)