40 Darnay Rise, Chelmsford, CM1 4XA is a leasehold flat built between 1976-1982. The property offers approximately 280 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 £114,332 , which equates to approximately £408 per square foot. It was last sold on 19 May 2023 for £110,000. Since then, the value has increased by £4,332, representing a 3.9% increase, or approximately 1.5% per year.

The current estimated value of £114,332 is:

  • 57.4% lower than the average property price on Darnay Rise
  • 54.1% lower than the average in the CM1 4XA postcode area
  • and 73.8% lower than the average price for Chelmsford as a whole

View sold house prices in CM1 4XA

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
280 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£114,332
Price Per sq ft (estimate)
£408
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Darnay Rise, Chelmsford, Essex, CM1 4XA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Jul 2018.

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 13 Oct 2008. The rating of C remains the same, but the energy efficiency score improved by 5.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • 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, 100 mm loft insulation, with no change in energy efficiency (average).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to CM1 4XA

45 th / 49
Price Rank
54% lower than average
37 th / 43
Size Rank
49% smaller than average
29 th / 43
Price Per Sq FT Rank
10% lower than average

Compared to other properties in CM1 4XA , this flat's estimated value ranks 45th out of 49. Based on price per square foot, it ranks 29th out of 43 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 37th out of 43 properties in its postcode area.

Sale History

Today
£114,332
streetscan.co.uk estimate
+4 %
19 May 2023
£110,000
Leasehold
+27.2 %
12 Mar 2014
£86,500
Leasehold
+162.1 %
14 Jun 2000
£33,000
Leasehold

Area Insights

Similar Properties Sold Nearby

22 Darnay Rise, Chelmsford, CM1 4XA
rooms: 1
size: 291 sq ft
sale price: £115,000
sale date: 8 Dec 2023
34 Darnay Rise, Chelmsford, CM1 4XA
rooms: 1
size: 291 sq ft
sale price: £107,000
sale date: 14 Jun 2022
20 Darnay Rise, Chelmsford, CM1 4XA
rooms: 1
size: 280 sq ft
sale price: £120,000
sale date: 10 Jun 2021
36 Darnay Rise, Chelmsford, CM1 4XA
rooms: 1
size: 280 sq ft
sale price: £120,000
sale date: 3 May 2019
12 Darnay Rise, Chelmsford, CM1 4XA
rooms: 1
size: 280 sq ft
sale price: £105,000
sale date: 31 Jul 2018

Data Sources

The property at 40 Darnay Rise, Chelmsford, CM1 4XA appears three times in the Land Registry records, with the latest transaction recorded on 19 May 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jul 2018. 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.
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