55 Waveney Drive, Chelmsford, CM1 7PZ is a leasehold flat built between 1950-1966. The property offers approximately 685 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £215,863 , which equates to approximately £313 per square foot. It was last sold on 11 Dec 1998 for £49,500. Since then, the value has increased by £166,363, representing a 336.1% increase, or approximately 12.4% per year.

The current estimated value of £215,863 is:

  • 34.1% lower than the average property price on Waveney Drive
  • 24.8% lower than the average in the CM1 7PZ postcode area
  • and 50.5% lower than the average price for Chelmsford as a whole

View sold house prices in CM1 7PZ

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
685 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£215,863
Price Per sq ft (estimate)
£313
Bedroom Count (estimate)
2 bedrooms

EPC Summary

55 Waveney Drive, Chelmsford, Essex, CM1 7PZ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 11 May 2011.

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 10 Nov 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 16.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, limited insulation (assumed) to flat, no insulation (assumed), with no change in energy efficiency (very poor).
  • The windows were upgraded from full secondary glazing to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 14% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 14% of fixed outlets
Poor

Compared to CM1 7PZ

21 st / 27
Price Rank
25% lower than average
10 th / 19
Size Rank
12% smaller than average
19 th / 19
Price Per Sq FT Rank
14% lower than average

Compared to other properties in CM1 7PZ , this flat's estimated value ranks 21th out of 27. Based on price per square foot, it ranks 19th out of 19 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 10th out of 19 properties in its postcode area.

Sale History

Today
£215,863
streetscan.co.uk estimate
+336 %
11 Dec 1998
£49,500
Leasehold

Area Insights

Similar Properties Sold Nearby

89 Waveney Drive, Chelmsford, CM1 7PZ
rooms: 3
size: 646 sq ft
sale price: £240,000
sale date: 30 Aug 2024
85 Waveney Drive, Chelmsford, CM1 7PZ
rooms: 3
size: 614 sq ft
sale price: £230,000
sale date: 3 May 2024
51 Waveney Drive, Chelmsford, CM1 7PZ
rooms: 3
size: 646 sq ft
sale price: £210,000
sale date: 9 Oct 2023
81 Waveney Drive, Chelmsford, CM1 7PZ
rooms: 3
size: 603 sq ft
sale price: £190,000
sale date: 31 May 2019
47 Waveney Drive, Chelmsford, CM1 7PZ
rooms: 3
size: 689 sq ft
sale price: £180,000
sale date: 1 Jul 2016

Data Sources

The property at 55 Waveney Drive, Chelmsford, Essex, CM1 7PZ appears once in the Land Registry records, with the transaction recorded on 11 Dec 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 May 2011. 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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