56 Wilshire Avenue, Springfield, Chelmsford, CM2 6QW is a leasehold flat built between 1991-1995. The property offers approximately 581 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 £250,750 , which equates to approximately £431 per square foot. It was last sold on 5 Mar 2014 for £166,000. Since then, the value has increased by £84,750, representing a 51.1% increase, or approximately 4.3% per year.

The current estimated value of £250,750 is:

  • 29.8% lower than the average property price on Wilshire Avenue
  • 36.5% lower than the average in the CM2 6QW postcode area
  • and 42.5% 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 31 October 2013, the property was recorded as owner-occupied.

View sold house prices in CM2 6QW

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£250,750
Price Per sq ft (estimate)
£431
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Wilshire Avenue, Springfield, Chelmsford, Essex, CM2 6QW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 31 Oct 2013.

This property uses electric room 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 23 Sep 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 20.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to poor, while the heating system type remained the same (room heaters, electric).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM2 6QW

44 th / 55
Price Rank
36% lower than average
25 th / 36
Size Rank
35% smaller than average
25 th / 36
Price Per Sq FT Rank
2% lower than average

Compared to other properties in CM2 6QW , this flat's estimated value ranks 44th out of 55. Based on price per square foot, it ranks 25th out of 36 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 25th out of 36 properties in its postcode area.

Sale History

Today
£250,750
streetscan.co.uk estimate
+51 %
5 Mar 2014
£166,000
Leasehold
+5.1 %
4 Mar 2011
£158,000
Leasehold
+17.9 %
14 Nov 2008
£134,000
Leasehold
+4.7 %
14 Nov 2003
£128,000
Leasehold
+48.8 %
17 Aug 2001
£86,000
Leasehold
+83 %
29 Nov 1996
£47,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £232,500
sale date: 11 Jul 2024
rooms: 3
size: 549 sq ft
sale price: £255,000
sale date: 7 Jul 2023
rooms: 3
size: 592 sq ft
sale price: £245,000
sale date: 27 Apr 2023
rooms: 3
size: 549 sq ft
sale price: £269,000
sale date: 11 Apr 2023
rooms: 3
size: 581 sq ft
sale price: £255,000
sale date: 31 Mar 2023

Data Sources

The property at 56 Wilshire Avenue, Springfield, Chelmsford, CM2 6QW appears six times in the Land Registry records, with the latest transaction recorded on 5 Mar 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Oct 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.