16 Shearers Way, Boreham, Chelmsford, CM3 3AE is a leasehold flat built between 1983-1990. The property offers approximately 355 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £136,677 , which equates to approximately £385 per square foot. It was last sold on 3 Feb 2025 for £130,000. Since then, the value has increased by £6,677, representing a 5.1% increase, or approximately 6.0% per year.

The current estimated value of £136,677 is:

  • 29.9% lower than the average property price on Shearers Way
  • 23.5% lower than the average in the CM3 3AE postcode area
  • and 68.6% lower than the average price for Chelmsford as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 25 March 2022, the property was recorded as owner-occupied.

View sold house prices in CM3 3AE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
355 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£136,677
Price Per sq ft (estimate)
£385
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Shearers Way, Boreham, Chelmsford, Essex, CM3 3AE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 25 Mar 2022.

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 2 Mar 2021, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 30.7%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from (another dwelling above) to pitched, 50 mm loft insulation, improving energy efficiency from n/a to poor.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 40% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to CM3 3AE

28 th / 35
Price Rank
24% lower than average
24 th / 31
Size Rank
23% smaller than average
7 th / 31
Price Per Sq FT Rank
0% same as average

Compared to other properties in CM3 3AE , this flat's estimated value ranks 28th out of 35. Based on price per square foot, it ranks 7th out of 31 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 24th out of 31 properties in its postcode area.

Sale History

Today
£136,677
streetscan.co.uk estimate
+5 %
3 Feb 2025
£130,000
Leasehold
0 %
1 Apr 2021
£130,000
Leasehold
+8.3 %
31 May 2017
£120,000
Leasehold
0 %
28 Mar 2008
£119,995
Leasehold
+33.3 %
30 Jun 2003
£90,000
Leasehold
+130.8 %
12 Jul 1999
£38,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 355 sq ft
sale price: £170,000
sale date: 18 Aug 2022
rooms: 2
size: 366 sq ft
sale price: £160,000
sale date: 22 Apr 2022
rooms: 2
size: 355 sq ft
sale price: £155,000
sale date: 18 Dec 2020
rooms: 2
size: 355 sq ft
sale price: £135,000
sale date: 30 Sep 2020
rooms: 2
size: 357 sq ft
sale price: £145,000
sale date: 27 Mar 2019

Data Sources

The property at 16 Shearers Way, Boreham, Chelmsford, CM3 3AE appears six times in the Land Registry records, with the latest transaction recorded on 3 Feb 2025. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Mar 2022. 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.