2 Shearers Way, Boreham, Chelmsford, CM3 3AE is a leasehold flat built between 1991-1995. The property offers approximately 506 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £184,980 , which equates to approximately £366 per square foot. It was last sold on 29 Oct 2024 for £180,000. Since then, the value has increased by £4,980, representing a 2.8% increase, or approximately 2.5% per year.

The current estimated value of £184,980 is:

  • 5.2% lower than the average property price on Shearers Way
  • 3.5% higher than the average in the CM3 3AE postcode area
  • and 57.6% 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 24 November 2023, the property was recorded as owner-occupied.

View sold house prices in CM3 3AE

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
506 sq ft
Tenure
Leasehold
Price (estimate)
£184,980
Price Per sq ft (estimate)
£366
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Shearers Way, Boreham, Chelmsford, Essex, CM3 3AE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Nov 2023.

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 14 Nov 2013, and the property received the same rating of D with an unchanged energy efficiency score of 66.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 13% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor 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 CM3 3AE

7 th / 35
Price Rank
3% higher than average
13 th / 31
Size Rank
9% bigger than average
10 th / 31
Price Per Sq FT Rank
5% lower than average

Compared to other properties in CM3 3AE , this flat's estimated value ranks 7th out of 35. Based on price per square foot, it ranks 10th 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 13th out of 31 properties in its postcode area.

Sale History

Today
£184,980
streetscan.co.uk estimate
+3 %
29 Oct 2024
£180,000
Leasehold
+108.7 %
14 Jan 2002
£86,250
Leasehold
+81.6 %
24 Apr 1998
£47,500
Leasehold
+11.8 %
29 Nov 1996
£42,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £195,000
sale date: 25 Jul 2024
rooms: 2
size: 452 sq ft
sale price: £155,000
sale date: 29 Sep 2021
rooms: 3
size: 441 sq ft
sale price: £174,000
sale date: 1 Apr 2021
rooms: 2
size: 474 sq ft
sale price: £180,000
sale date: 29 Jan 2021
rooms: 3
size: 506 sq ft
sale price: £159,000
sale date: 20 Mar 2020

Data Sources

The property at 2 Shearers Way, Boreham, Chelmsford, CM3 3AE appears four times in the Land Registry records, with the latest transaction recorded on 29 Oct 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Nov 2023. 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.