167 Parkinson Drive, Chelmsford, CM1 3GW is a leasehold flat built between 2003-2006. The property offers approximately 474 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £218,264 , which equates to approximately £461 per square foot. It was last sold on 20 May 2022 for £215,000. Since then, the value has increased by £3,264, representing a 1.5% increase, or approximately 0.4% per year.

The current estimated value of £218,264 is:

  • 29.8% lower than the average property price on Parkinson Drive
  • 29.6% lower than the average in the CM1 3GW postcode area
  • and 49.9% 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 17 February 2022, the property was recorded as owner-occupied.

View sold house prices in CM1 3GW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£218,264
Price Per sq ft (estimate)
£461
Bedroom Count (estimate)
1 bedroom

EPC Summary

167 Parkinson Drive, Chelmsford, Essex, CM1 3GW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 17 Feb 2022.

This property uses electric storage 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 22 Mar 2011, and the property received the same rating of B with an unchanged energy efficiency score of 83.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The lighting was updated from low energy lighting in 66% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM1 3GW

27 th / 47
Price Rank
30% lower than average
37 th / 39
Size Rank
42% smaller than average
2 nd / 39
Price Per Sq FT Rank
22% higher than average

Compared to other properties in CM1 3GW , this flat's estimated value ranks 27th out of 47. Based on price per square foot, it ranks 2nd out of 39 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 37th out of 39 properties in its postcode area.

Sale History

Today
£218,264
streetscan.co.uk estimate
+2 %
20 May 2022
£215,000
Leasehold
+26.5 %
18 Nov 2016
£170,000
Leasehold
+23.2 %
26 Sep 2003
£138,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 527 sq ft
sale price: £210,000
sale date: 12 Mar 2024
rooms: 2
size: 474 sq ft
sale price: £179,495
sale date: 28 Jan 2022
rooms: 3
size: 484 sq ft
sale price: £185,000
sale date: 26 Feb 2021
rooms: 2
size: 474 sq ft
sale price: £145,000
sale date: 18 Dec 2020
rooms: 2
size: 519 sq ft
sale price: £165,000
sale date: 24 Jul 2018

Data Sources

The property at 167 Parkinson Drive, Chelmsford, CM1 3GW appears three times in the Land Registry records, with the latest transaction recorded on 20 May 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Feb 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.