Flats/Maisonettes 2 sales on record

GEMINI HOUSE

90 FLAT 34 NEW LONDON ROAD, CHELMSFORD, ESSEX, CM2 0PD

£240,000

Location

Map view View on Google Maps View on OpenStreetMap Street View CM2 0PD

Nearby

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

Type Name Distance
Shop Empire Salons 0.0 miles
Bus stop Job Centre 0.0 miles
Hospital Chelmsford and Essex (C&E) Centre 0.1 miles
Train station Chelmsford 0.4 miles
University Anglia Ruskin University, Chelmsford Campus 0.7 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

2

Bathrooms

2

Last sold

£240,000 Feb 2026

Local average

£224,245 (51 sales)

Street crime

567 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 27/02/2026 £240,000 Flat -4% £239,749 to April 2026 View transaction
Sold 31/03/2016 £249,995 Flat — £293,193 to April 2026 View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event Date Price
sold 01/01/2026 £240,000
listed 16/07/2024 £250,000
sold 01/01/2016 £249,995

Photos · Open listing

Open image 1 from listing 150286838 Open image 2 from listing 150286838 Open image 3 from listing 150286838 Open image 4 from listing 150286838 Open image 5 from listing 150286838 Open image 6 from listing 150286838 Open image 7 from listing 150286838 Open image 8 from listing 150286838 Open image 9 from listing 150286838 Open image 10 from listing 150286838 Open image 11 from listing 150286838 Open image 12 from listing 150286838

Sold comparables

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

Address Price Date Type
51 COUNTY PLACE, CHELMSFORD, ESSEX, CM2 0RF £320,000 24/11/2025 Flat
55 COUNTY PLACE, CHELMSFORD, ESSEX, CM2 0RF £280,000 02/12/2022 Flat
GEMINI HOUSE, 90 FLAT 24 NEW LONDON ROAD, CHELMSFORD, ESSEX, CM2 0PD £225,000 20/09/2022 Flat
GEMINI HOUSE, 90 FLAT 32 NEW LONDON ROAD, CHELMSFORD, ESSEX, CM2 0PD £315,000 18/08/2022 Flat
35 COUNTY PLACE, CHELMSFORD, ESSEX, CM2 0RF £317,500 22/07/2022 Flat
GEMINI HOUSE, 90 FLAT 26 NEW LONDON ROAD, CHELMSFORD, ESSEX, CM2 0PD £221,500 22/07/2022 Flat
GEMINI HOUSE, 90 FLAT 12 NEW LONDON ROAD, CHELMSFORD, ESSEX, CM2 0PD £267,000 27/06/2022 Flat
GEMINI HOUSE, 90 FLAT 13 NEW LONDON ROAD, CHELMSFORD, ESSEX, CM2 0PD £280,000 31/05/2022 Flat
3 COUNTY PLACE, CHELMSFORD, ESSEX, CM2 0RF £280,000 30/09/2021 Flat

Area average: £278,444 (9 sales)

For sale comparables

Active for-sale listings within 1 mile, matched to the same property type and bedroom count.

Address Price Beds Type Distance
Waltham Glen, Moulsham Lodge, Chelmsford £290,000 2 Flat 0.78 mi
Waltham Glen, Chelmsford £290,000 2 Flat 0.79 mi

Capital growth trend

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

5y growth -1.8%
10y growth 6%

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

1y (index) -2.6%
5y (index) 4.1%
10y (index) 16.7%

Rental Range

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

Low £1,301/mo
Realistic £1,445/mo
Optimistic £1,590/mo

Based on Local Authority from postcode lookup → Chelmsford.

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

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 2-bedroom count for this property). Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Regina Road, CM1 £1,400/mo 1 0.48 miles OpenRent

Average rent: £1,400/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.58%
Max investor price (0.8%) £175,000
Target investor price (1%) £140,000
Gross yield 7%
Cost-to-rent ratio 14.3×
Monthly cashflow £290/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 5%
  • 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)

Street-level crime

Category Count
Violence and sexual offences 201
Shoplifting 76
Anti-social behaviour 66
Public order 54
Drugs 43
Other theft 36
Criminal damage and arson 16
Other crime 16
Vehicle crime 15
Burglary 14
Possession of weapons 10
Robbery 9
Bicycle theft 6
Theft from the person 5
Total incidents 567

Within 1 mile during May 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
Our Lady Immaculate Catholic Primary School Primary 0.3 miles Good — 24 Jun 2013
St Anne's School Other 0.4 miles — (No rating)
The Cathedral Church of England Voluntary Aided Primary School, Chelmsford Primary 0.4 miles Good — 13 Dec 2021
St Cedd's School Other 0.4 miles — (No rating)
Oaklands Infant School Primary 0.5 miles Outstanding — 8 Nov 2013

FENSA

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