40 Parkinson Drive, Chelmsford, CM1 3GH is a leasehold flat built between 1996-2002. The property offers approximately 527 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 £274,724 , which equates to approximately £521 per square foot. It was last sold on 10 Apr 2002 for £106,000. Since then, the value has increased by £168,724, representing a 159.2% increase, or approximately 6.7% per year.

The current estimated value of £274,724 is:

  • 11.7% lower than the average property price on Parkinson Drive
  • 4.3% higher than the average in the CM1 3GH postcode area
  • and 37.0% 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 12 January 2022, the property was recorded as rented.

View sold house prices in CM1 3GH

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£274,724
Price Per sq ft (estimate)
£521
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Parkinson Drive, Chelmsford, Essex, CM1 3GH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Jan 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 Jun 2011. The rating of C is unchanged, though the energy efficiency score decreased by 4.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to electric storage heaters, electric storage heaters, changing energy efficiency from average to poor.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 150 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters, Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to CM1 3GH

27 th / 51
Price Rank
4% higher than average
40 th / 49
Size Rank
25% smaller than average
15 th / 49
Price Per Sq FT Rank
39% higher than average

Compared to other properties in CM1 3GH , this flat's estimated value ranks 27th out of 51. Based on price per square foot, it ranks 15th out of 49 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 40th out of 49 properties in its postcode area.

Sale History

Today
£274,724
streetscan.co.uk estimate
+159 %
10 Apr 2002
£106,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 603 sq ft
sale price: £225,000
sale date: 17 Sep 2025
rooms: 3
size: 570 sq ft
sale price: £158,000
sale date: 25 Mar 2024
rooms: 3
size: 517 sq ft
sale price: £202,000
sale date: 14 Jan 2022
rooms: 3
size: 570 sq ft
sale price: £190,000
sale date: 25 Jun 2021
rooms: 3
size: 592 sq ft
sale price: £215,000
sale date: 30 Apr 2021

Data Sources

The property at 40 Parkinson Drive, Chelmsford, Essex, CM1 3GH appears once in the Land Registry records, with the transaction recorded on 10 Apr 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Jan 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.