1 Falcons Mead, Chelmsford, CM2 0NN is a leasehold flat built between 2003-2006. The property offers approximately 764 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £340,284 , which equates to approximately £445 per square foot. It was last sold on 1 Nov 2019 for £305,000. Since then, the value has increased by £35,284, representing a 11.6% increase, or approximately 1.9% per year.

The current estimated value of £340,284 is:

  • 18.4% lower than the average property price on Falcons Mead
  • 16.6% lower than the average in the CM2 0NN postcode area
  • and 21.9% lower than the average price for Chelmsford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 18 June 2019, the property was recorded as owner-occupied.

View sold house prices in CM2 0NN

Building approximate location

About Property

Type
Terraced House
Built
2003-2006
Interior Size
764 sq ft
Tenure
Leasehold
Price (estimate)
£340,284
Price Per sq ft (estimate)
£445
Bedroom Count (estimate)
2 bedrooms

EPC Summary

1 Falcons Mead, Chelmsford, Essex, CM2 0NN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Jun 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 21 Apr 2009. The rating of C remains the same, but the energy efficiency score improved by 4.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300 mm loft insulation to pitched, 200 mm loft insulation, changing energy efficiency from very good to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 60% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to CM2 0NN

13 th / 19
Price Rank
17% lower than average
8 th / 16
Size Rank
21% smaller than average
15 th / 16
Price Per Sq FT Rank
5% higher than average

Compared to other properties in CM2 0NN , this house's estimated value ranks 13th out of 19. Based on price per square foot, it ranks 15th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 16 properties in its postcode area.

Sale History

Today
£340,284
streetscan.co.uk estimate
+12 %
1 Nov 2019
£305,000
Leasehold
+1.7 %
1 Oct 2018
£300,000
Leasehold
+33.3 %
1 May 2014
£225,000
Leasehold
+23.8 %
11 Sep 2009
£181,755
Leasehold
+1 %
31 May 2005
£180,000
Leasehold
+29 %
30 Jul 2002
£139,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £250,000
sale date: 18 Jun 2021
rooms: 3
size: 657 sq ft
sale price: £188,750
sale date: 1 Feb 2008

Data Sources

The property at 1 Falcons Mead, Chelmsford, CM2 0NN appears six times in the Land Registry records, with the latest transaction recorded on 1 Nov 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Jun 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.