2 Cormorant Walk, Chelmsford, CM2 8BG is a freehold terraced property built between 1967-1975. The property offers approximately 700 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £386,758 , which equates to approximately £553 per square foot. It was last sold on 5 May 2016 for £285,000. Since then, the value has increased by £101,758, representing a 35.7% increase, or approximately 3.7% per year.

The current estimated value of £386,758 is:

  • 10.1% higher than the average property price on Cormorant Walk
  • 12.7% higher than the average in the CM2 8BG postcode area
  • and 13.9% 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 28 September 2016, the property was recorded as owner-occupied.

View sold house prices in CM2 8BG

Building approximate location

About Property

Type
Terraced House
Built
1967-1975
Interior Size
700 sq ft
Tenure
Freehold
Price (estimate)
£386,758
Price Per sq ft (estimate)
£553
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Cormorant Walk, Chelmsford, Essex, CM2 8BG has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 28 Sep 2016.

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 15 Feb 2016, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 10%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 25 mm loft insulation to pitched, no insulation, changing energy efficiency from poor to very poor.
  • The lighting was changed from low energy lighting in 53% of fixed outlets to low energy lighting in 69% of fixed outlets, with no change in efficiency (good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 69% of fixed outlets
Good

Compared to CM2 8BG

4 th / 20
Price Rank
13% higher than average
11 th / 11
Size Rank
14% smaller than average
1 st / 11
Price Per Sq FT Rank
31% higher than average

Compared to other properties in CM2 8BG , this house's estimated value ranks 4th out of 20. Based on price per square foot, it ranks 1st out of 11 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 11th out of 11 properties in its postcode area.

Sale History

Today
£386,758
streetscan.co.uk estimate
+36 %
5 May 2016
£285,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 798 sq ft
sale price: £181,000
sale date: 12 Aug 2011

Data Sources

The property at 2 Cormorant Walk, Chelmsford, Essex, CM2 8BG appears once in the Land Registry records, with the transaction recorded on 5 May 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Sep 2016. 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.