24, Kings Tower Marconi Plaza, Chelmsford, CM1 1GS is a leasehold flat built between 2007-2011. The property offers approximately 484 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £227,699 , which equates to approximately £470 per square foot. It was last sold on 10 Nov 2017 for £202,500. Since then, the value has increased by £25,199, representing a 12.4% increase, or approximately 1.5% per year.

The current estimated value of £227,699 is:

  • 30.1% lower than the average property price on Marconi Plaza
  • 31.4% lower than the average in the CM1 1GS postcode area
  • and 47.8% lower than the average price for Chelmsford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 14 January 2021, the property was recorded as rented.

View sold house prices in CM1 1GS

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£227,699
Price Per sq ft (estimate)
£470
Bedroom Count (estimate)
1 bedroom

EPC Summary

24, Kings Tower Marconi Plaza, Chelmsford, Essex, CM1 1GS has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Jan 2021.

This property uses electric room 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 22 Oct 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 10.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall construction or insulation changed from cavity wall, filled cavity to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 22% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM1 1GS

98 th / 101
Price Rank
31% lower than average
52 nd / 52
Size Rank
38% smaller than average
26 th / 52
Price Per Sq FT Rank
12% higher than average

Compared to other properties in CM1 1GS , this flat's estimated value ranks 98th out of 101. Based on price per square foot, it ranks 26th out of 52 properties. In terms of size, this home ranks 52th out of 52 properties in its postcode area.

Sale History

Today
£227,699
streetscan.co.uk estimate
+12 %
10 Nov 2017
£202,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £220,000
sale date: 30 Nov 2018
rooms: 2
size: 495 sq ft
sale price: £220,000
sale date: 28 Feb 2017
rooms: 2
size: 538 sq ft
sale price: £210,000
sale date: 23 Nov 2016
rooms: 3
size: 517 sq ft
sale price: £272,500
sale date: 5 Aug 2016
rooms: 2
size: 495 sq ft
sale price: £185,000
sale date: 9 Jul 2015

Data Sources

The property at 24, Kings Tower Marconi Plaza, Chelmsford, Essex, CM1 1GS appears once in the Land Registry records, with the transaction recorded on 10 Nov 2017. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Jan 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.


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.