18 Mearns Place, Chelmsford, CM2 6TT is a leasehold flat built between 1976-1982. The property offers approximately 280 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 £116,092 , which equates to approximately £415 per square foot. It was last sold on 10 Jan 1996 for £20,000. Since then, the value has increased by £96,092, representing a 480.5% increase, or approximately 16.0% per year.

The current estimated value of £116,092 is:

  • 57.0% lower than the average property price on Mearns Place
  • 51.7% lower than the average in the CM2 6TT postcode area
  • and 74.2% lower than the average price for Chelmsford as a whole

View sold house prices in CM2 6TT

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
280 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£116,092
Price Per sq ft (estimate)
£415
Bedroom Count (estimate)
1 bedroom

EPC Summary

18 Mearns Place, Chelmsford, Essex, CM2 6TT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Jun 2018.

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.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 75 mm loft insulation
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to CM2 6TT

16 th / 16
Price Rank
52% lower than average
11 th / 13
Size Rank
42% smaller than average
13 th / 13
Price Per Sq FT Rank
17% lower than average

Compared to other properties in CM2 6TT , this flat's estimated value ranks 16th out of 16. Based on price per square foot, it ranks 13th out of 13 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 11th out of 13 properties in its postcode area.

Sale History

Today
£116,092
streetscan.co.uk estimate
+480 %
10 Jan 1996
£20,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 280 sq ft
sale price: £115,500
sale date: 5 Mar 2021
rooms: 1
size: 276 sq ft
sale price: £115,000
sale date: 17 Aug 2018
rooms: 1
size: 267 sq ft
sale price: £97,000
sale date: 23 Nov 2008
rooms: 1
size: 280 sq ft
sale price: £85,000
sale date: 25 May 2005
rooms: 1
size: 291 sq ft
sale price: £68,000
sale date: 16 Jan 2004

Data Sources

The property at 18 Mearns Place, Chelmsford, Essex, CM2 6TT appears once in the Land Registry records, with the transaction recorded on 10 Jan 1996. It also has a single Energy Performance Certificate (EPC) from 7 Jun 2018. 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.