373 Springfield Road, Chelmsford, CM2 6AW is a leasehold flat built between 1996-2002. The property offers approximately 753 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £270,942 , which equates to approximately £360 per square foot. It was last sold on 4 Jun 2008 for £184,500. Since then, the value has increased by £86,442, representing a 46.9% increase, or approximately 2.7% per year.

The current estimated value of £270,942 is:

  • 45.5% lower than the average property price on Springfield Road
  • 17.4% lower than the average in the CM2 6AW postcode area
  • and 37.8% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 15 December 2022, the property was recorded as rented.

View sold house prices in CM2 6AW

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£270,942
Price Per sq ft (estimate)
£360
Bedroom Count (estimate)
2 bedrooms

EPC Summary

373 Springfield Road, Chelmsford, Essex, CM2 6AW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 15 Dec 2022.

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 8 Nov 2008, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 17.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from electric immersion, standard tariff to electric immersion, off-peak, with no change in energy efficiency (average).
  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM2 6AW

10 th / 18
Price Rank
17% lower than average
8 th / 17
Size Rank
9% smaller than average
14 th / 17
Price Per Sq FT Rank
9% lower than average

Compared to other properties in CM2 6AW , this flat's estimated value ranks 10th out of 18. Based on price per square foot, it ranks 14th out of 17 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 8th out of 17 properties in its postcode area.

Sale History

Today
£270,942
streetscan.co.uk estimate
+47 %
4 Jun 2008
£184,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 753 sq ft
sale price: £210,000
sale date: 12 Feb 2024
rooms: 2
size: 678 sq ft
sale price: £230,000
sale date: 8 Dec 2023
rooms: 3
size: 764 sq ft
sale price: £240,000
sale date: 28 Jul 2023
rooms: 3
size: 667 sq ft
sale price: £295,000
sale date: 25 Jan 2023
rooms: 3
size: 721 sq ft
sale price: £189,000
sale date: 18 Nov 2014

Data Sources

The property at 373 Springfield Road, Chelmsford, Essex, CM2 6AW appears once in the Land Registry records, with the transaction recorded on 4 Jun 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Dec 2022. 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.