2 Danbury Palace Drive, Danbury, Chelmsford, CM3 4FA is a leasehold flat The property offers approximately 840 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £361,792 , which equates to approximately £431 per square foot. It was last sold on 26 Oct 2018 for £325,000. Since then, the value has increased by £36,792, representing a 11.3% increase, or approximately 1.6% per year.

The current estimated value of £361,792 is:

  • 42.0% lower than the average property price on Danbury Palace Drive
  • 35.5% lower than the average in the CM3 4FA postcode area
  • and 17.0% lower than the average price for Chelmsford as a whole

View sold house prices in CM3 4FA

Building approximate location

About Property

Type
Flat
Built
Interior Size
840 sq ft
Tenure
Leasehold
Price (estimate)
£361,792
Price Per sq ft (estimate)
£431
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Danbury Palace Drive, Danbury, Chelmsford, Essex, CM3 4FA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Nov 2015.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Nov 2015, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 20.7%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from average thermal transmittance 0.50 w/m-¦k to average thermal transmittance 0.32 w/m-¦k, with no change in energy efficiency (good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Floor
Average thermal transmittance 0.18 W/m-¦K
Very Good
Walls
Average thermal transmittance 0.32 W/m-¦K
Good
Windows
Fully double glazed
Very Poor
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to CM3 4FA

44 th / 48
Price Rank
36% lower than average
44 th / 45
Size Rank
31% smaller than average
35 th / 45
Price Per Sq FT Rank
7% lower than average

Compared to other properties in CM3 4FA , this flat's estimated value ranks 44th out of 48. Based on price per square foot, it ranks 35th out of 45 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 44th out of 45 properties in its postcode area.

Sale History

Today
£361,792
streetscan.co.uk estimate
+11 %
26 Oct 2018
£325,000
Leasehold
0 %
20 Apr 2016
£325,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms:
size: 883 sq ft
sale price: £385,000
sale date: 20 Dec 2016
rooms:
size: 840 sq ft
sale price: £505,000
sale date: 25 Aug 2016
rooms:
size: 883 sq ft
sale price: £450,000
sale date: 22 Jul 2016
rooms: 3
size: 915 sq ft
sale price: £415,000
sale date: 20 Jun 2016

Data Sources

The property at 2 Danbury Palace Drive, Danbury, Chelmsford, CM3 4FA appears two times in the Land Registry records, with the latest transaction recorded on 26 Oct 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Nov 2015. 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.