42 The Ray, Chelmsford, CM1 6JU is a leasehold flat built between 1983-1990. The property offers approximately 506 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 £233,321 , which equates to approximately £461 per square foot. It was last sold on 17 Nov 2017 for £207,500. Since then, the value has increased by £25,821, representing a 12.4% increase, or approximately 1.5% per year.

The current estimated value of £233,321 is:

  • 3.2% lower than the average property price on The Ray
  • 4.0% lower than the average in the CM1 6JU postcode area
  • and 46.5% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 11 April 2013, the property was recorded as owner-occupied.

View sold house prices in CM1 6JU

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£233,321
Price Per sq ft (estimate)
£461
Bedroom Count (estimate)
1 bedroom

EPC Summary

42 The Ray, Chelmsford, Essex, CM1 6JU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Apr 2013.

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.

Heating Type
Electric storage heaters
Average
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 20% of fixed outlets
Poor

Compared to CM1 6JU

6 th / 14
Price Rank
4% lower than average
10 th / 11
Size Rank
21% smaller than average
1 st / 11
Price Per Sq FT Rank
21% higher than average

Compared to other properties in CM1 6JU , this flat's estimated value ranks 6th out of 14. Based on price per square foot, it ranks 1st out of 11 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 10th out of 11 properties in its postcode area.

Sale History

Today
£233,321
streetscan.co.uk estimate
+12 %
17 Nov 2017
£207,500
Leasehold
+56.6 %
12 Jan 2006
£132,500
Leasehold
+74.3 %
4 Aug 2000
£76,000
Leasehold
+40.7 %
30 Mar 1998
£54,000
Leasehold
+21.3 %
31 Aug 1995
£44,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 560 sq ft
sale price: £175,000
sale date: 20 Dec 2024
rooms: 3
size: 570 sq ft
sale price: £225,000
sale date: 23 Jun 2022
rooms: 3
size: 549 sq ft
sale price: £194,500
sale date: 27 Apr 2018
rooms: 3
size: 538 sq ft
sale price: £124,995
sale date: 12 Dec 2013
rooms: 3
size: 534 sq ft
sale price: £148,000
sale date: 16 Mar 2012

Data Sources

The property at 42 The Ray, Chelmsford, CM1 6JU appears five times in the Land Registry records, with the latest transaction recorded on 17 Nov 2017. It also has a single Energy Performance Certificate (EPC) from 11 Apr 2013. 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.