38, Kings Tower Marconi Plaza, Chelmsford, CM1 1GS is a leasehold flat built between 2007-2011. The property offers approximately 495 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 £250,181 , which equates to approximately £505 per square foot. It was last sold on 28 Feb 2017 for £220,000. Since then, the value has increased by £30,181, representing a 13.7% increase, or approximately 1.6% per year.

The current estimated value of £250,181 is:

  • 23.2% lower than the average property price on Marconi Plaza
  • 24.6% lower than the average in the CM1 1GS postcode area
  • and 42.6% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 29 March 2023, 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
495 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£250,181
Price Per sq ft (estimate)
£505
Bedroom Count (estimate)
1 bedroom

EPC Summary

38, Kings Tower Marconi Plaza, Chelmsford, Essex, CM1 1GS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Mar 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 17 Mar 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 21%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 18% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 18% of fixed outlets
Poor

Compared to CM1 1GS

95 th / 101
Price Rank
25% lower than average
50 th / 52
Size Rank
37% smaller than average
17 th / 52
Price Per Sq FT Rank
20% higher than average

Compared to other properties in CM1 1GS , this flat's estimated value ranks 95th out of 101. Based on price per square foot, it ranks 17th out of 52 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 50th out of 52 properties in its postcode area.

Sale History

Today
£250,181
streetscan.co.uk estimate
+14 %
28 Feb 2017
£220,000
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: 484 sq ft
sale price: £202,500
sale date: 10 Nov 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 38, Kings Tower Marconi Plaza, Chelmsford, Essex, CM1 1GS appears once in the Land Registry records, with the transaction recorded on 28 Feb 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Mar 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.