48 Downsway, Chelmsford, CM1 6TU is a freehold terraced property built between 1967-1975. The property offers approximately 850 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £373,279 , which equates to approximately £439 per square foot. It was last sold on 28 Jan 2016 for £263,000. Since then, the value has increased by £110,279, representing a 41.9% increase, or approximately 4.2% per year.

The current estimated value of £373,279 is:

  • 16.0% lower than the average property price on Downsway
  • 9.1% lower than the average in the CM1 6TU postcode area
  • and 14.4% 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 26 April 2023, the property was recorded as rented.

View sold house prices in CM1 6TU

Building approximate location

About Property

Type
Terraced House
Built
1967-1975
Interior Size
850 sq ft
Tenure
Freehold
Price (estimate)
£373,279
Price Per sq ft (estimate)
£439
Bedroom Count (estimate)
2 bedrooms

EPC Summary

48 Downsway, Chelmsford, Essex, CM1 6TU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Apr 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 May 2013. The rating of C remains the same, but the energy efficiency score improved by 2.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 250 mm loft insulation, improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM1 6TU

22 nd / 35
Price Rank
9% lower than average
14 th / 24
Size Rank
8% smaller than average
13 th / 24
Price Per Sq FT Rank
1% lower than average

Compared to other properties in CM1 6TU , this house's estimated value ranks 22th out of 35. Based on price per square foot, it ranks 13th out of 24 properties. In terms of size, this home ranks 14th out of 24 properties in its postcode area.

Sale History

Today
£373,279
streetscan.co.uk estimate
+42 %
28 Jan 2016
£263,000
Leasehold
+50.3 %
18 Feb 2009
£175,000
Leasehold
+96.7 %
17 Apr 2000
£88,950
Leasehold
+20.2 %
18 Jun 1999
£74,000
Leasehold
+34.5 %
3 May 1996
£55,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 775 sq ft
sale price: £370,000
sale date: 15 Dec 2023
rooms: 4
size: 904 sq ft
sale price: £322,000
sale date: 13 May 2022
rooms: 5
size: 818 sq ft
sale price: £326,000
sale date: 30 Aug 2019
rooms: 4
size: 840 sq ft
sale price: £265,000
sale date: 30 Mar 2016
rooms: 5
size: 896 sq ft
sale price: £190,000
sale date: 1 Oct 2012

Data Sources

The property at 48 Downsway, Chelmsford, CM1 6TU appears five times in the Land Registry records, with the latest transaction recorded on 28 Jan 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Apr 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.