125 Parkinson Drive, Chelmsford, CM1 3GW is a leasehold flat built between 1996-2002. The property offers approximately 753 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £290,444 , which equates to approximately £385 per square foot. It was last sold on 26 Aug 2003 for £150,000. Since then, the value has increased by £140,444, representing a 93.6% increase, or approximately 4.2% per year.

The current estimated value of £290,444 is:

  • 6.6% lower than the average property price on Parkinson Drive
  • 6.4% lower than the average in the CM1 3GW postcode area
  • and 33.4% 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 6 January 2023, the property was recorded as owner-occupied.

View sold house prices in CM1 3GW

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£290,444
Price Per sq ft (estimate)
£385
Bedroom Count (estimate)
2 bedrooms

EPC Summary

125 Parkinson Drive, Chelmsford, Essex, CM1 3GW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Jan 2023.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Feb 2021, and the property received the same rating of C with an unchanged energy efficiency score of 78.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM1 3GW

20 th / 47
Price Rank
6% lower than average
12 th / 39
Size Rank
8% smaller than average
35 th / 39
Price Per Sq FT Rank
2% higher than average

Compared to other properties in CM1 3GW , this flat's estimated value ranks 20th out of 47. Based on price per square foot, it ranks 35th out of 39 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 12th out of 39 properties in its postcode area.

Sale History

Today
£290,444
streetscan.co.uk estimate
+94 %
26 Aug 2003
£150,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £215,000
sale date: 3 Feb 2017
rooms: 3
size: 840 sq ft
sale price: £154,000
sale date: 30 Sep 2003
rooms: 3
size: 667 sq ft
sale price: £157,000
sale date: 26 Sep 2003
rooms: 3
size: 818 sq ft
sale price: £148,500
sale date: 28 Aug 2003
rooms: 3
size: 753 sq ft
sale price: £151,500
sale date: 26 Aug 2003

Data Sources

The property at 125 Parkinson Drive, Chelmsford, Essex, CM1 3GW appears once in the Land Registry records, with the transaction recorded on 26 Aug 2003. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Jan 2023. 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.