48, Victoria Court New Street, Chelmsford, CM1 1GP is a leasehold flat built between 2003-2006. The property offers approximately 474 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 £219,187 , which equates to approximately £463 per square foot. It was last sold on 21 Jan 2009 for £125,000. Since then, the value has increased by £94,187, representing a 75.3% increase, or approximately 4.5% per year.

The current estimated value of £219,187 is:

  • 56.6% lower than the average property price on New Street
  • 30.1% lower than the average in the CM1 1GP postcode area
  • and 49.7% lower than the average price for Chelmsford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 11 August 2021, the property was recorded as owner-occupied.

View sold house prices in CM1 1GP

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£219,187
Price Per sq ft (estimate)
£463
Bedroom Count (estimate)
1 bedroom

EPC Summary

48, Victoria Court New Street, Chelmsford, Essex, CM1 1GP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Aug 2021.

The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Oct 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and underfloor heating, mains gas to no system present: electric heaters assumed, changing energy efficiency from good to very poor.
  • The hot water system was changed from from main system to no system present: electric immersion assumed, with its energy efficiency changing from good to very poor.
  • The lighting was updated from low energy lighting in 15% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
No system present: electric heaters assumed
Very Poor
Hot Water
No system present: electric immersion assumed
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM1 1GP

67 th / 105
Price Rank
30% lower than average
58 th / 59
Size Rank
27% smaller than average
4 th / 59
Price Per Sq FT Rank
5% lower than average

Compared to other properties in CM1 1GP , this flat's estimated value ranks 67th out of 105. Based on price per square foot, it ranks 4th out of 59 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 58th out of 59 properties in its postcode area.

Sale History

Today
£219,187
streetscan.co.uk estimate
+75 %
21 Jan 2009
£125,000
Leasehold
-30.6 %
17 Jun 2005
£179,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £136,000
sale date: 27 Jul 2009
rooms: 3
size: 409 sq ft
sale price: £220,000
sale date: 19 May 2008
rooms: 2
size: 495 sq ft
sale price: £190,000
sale date: 9 Mar 2007
rooms: 3
size: 474 sq ft
sale price: £188,500
sale date: 31 Jul 2006
rooms: 3
size: 506 sq ft
sale price: £237,000
sale date: 6 Jan 2006

Data Sources

The property at 48, Victoria Court New Street, Chelmsford, CM1 1GP appears two times in the Land Registry records, with the latest transaction recorded on 21 Jan 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Aug 2021. 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.