23 Tamar Rise, Chelmsford, CM1 7QL is a leasehold flat built between 1967-1975. The property offers approximately 624 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 £193,505 , which equates to approximately £310 per square foot. It was last sold on 25 May 2006 for £120,000. Since then, the value has increased by £73,505, representing a 61.3% increase, or approximately 3.1% per year.

The current estimated value of £193,505 is:

  • 24.0% lower than the average property price on Tamar Rise
  • 16.5% lower than the average in the CM1 7QL postcode area
  • and 55.6% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 23 February 2021, the property was recorded as rented.

View sold house prices in CM1 7QL

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£193,505
Price Per sq ft (estimate)
£310
Bedroom Count (estimate)
1 bedroom

EPC Summary

23 Tamar Rise, Chelmsford, Essex, CM1 7QL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 Feb 2021.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Feb 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 16.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from very good to average.
  • The roof construction or insulation changed from flat, limited insulation to flat, limited insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in 71% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to CM1 7QL

32 nd / 35
Price Rank
16% lower than average
12 th / 30
Size Rank
4% smaller than average
27 th / 30
Price Per Sq FT Rank
13% lower than average

Compared to other properties in CM1 7QL , this flat's estimated value ranks 32th out of 35. Based on price per square foot, it ranks 27th out of 30 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 12th out of 30 properties in its postcode area.

Sale History

Today
£193,505
streetscan.co.uk estimate
+61 %
25 May 2006
£120,000
Leasehold
+247.8 %
18 Oct 1996
£34,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £235,000
sale date: 26 Jul 2024
rooms: 3
size: 624 sq ft
sale price: £215,000
sale date: 30 Jun 2023
rooms: 3
size: 614 sq ft
sale price: £195,000
sale date: 31 Mar 2023
rooms: 3
size: 592 sq ft
sale price: £185,000
sale date: 25 Nov 2021
rooms: 3
size: 624 sq ft
sale price: £202,000
sale date: 5 Nov 2020

Data Sources

The property at 23 Tamar Rise, Chelmsford, CM1 7QL appears two times in the Land Registry records, with the latest transaction recorded on 25 May 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Feb 2021. 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.


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