59 Wood Street, Chelmsford, CM2 9BQ is a leasehold flat built between 1976-1982. The property offers approximately 646 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £234,239 , which equates to approximately £363 per square foot. It was last sold on 21 May 2002 for £93,000. Since then, the value has increased by £141,239, representing a 151.9% increase, or approximately 6.4% per year.

The current estimated value of £234,239 is:

  • 41.3% lower than the average property price on Wood Street
  • 11.3% higher than the average in the CM2 9BQ postcode area
  • and 47.9% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 2 November 2024, the property was recorded as rented.

View sold house prices in CM2 9BQ

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
646 sq ft
Tenure
Leasehold
Price (estimate)
£234,239
Price Per sq ft (estimate)
£363
Bedroom Count (estimate)
2 bedrooms

EPC Summary

59 Wood Street, Chelmsford, Essex, CM2 9BQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Nov 2024.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have partial double glazing.

The previous EPC assessment was conducted on 20 Mar 2009, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 27.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from average to good.
  • The windows were upgraded from single glazed to partial double glazing.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, filled cavity
Good
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM2 9BQ

7 th / 26
Price Rank
11% higher than average
6 th / 19
Size Rank
24% bigger than average
15 th / 19
Price Per Sq FT Rank
10% lower than average

Compared to other properties in CM2 9BQ , this flat's estimated value ranks 7th out of 26. Based on price per square foot, it ranks 15th 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 6th out of 19 properties in its postcode area.

Sale History

Today
£234,239
streetscan.co.uk estimate
+152 %
21 May 2002
£93,000
Leasehold
+69.1 %
13 Jun 1997
£54,995
Leasehold
+89.6 %
9 Aug 1996
£29,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 603 sq ft
sale price: £119,995
sale date: 5 Aug 2011
rooms: 3
size: 657 sq ft
sale price: £156,000
sale date: 6 Oct 2008
rooms: 3
size: 657 sq ft
sale price: £137,500
sale date: 9 Aug 2007
rooms: 3
size: 646 sq ft
sale price: £122,500
sale date: 1 Mar 2002
rooms: 3
size: 581 sq ft
sale price: £124,950
sale date: 1 Feb 2002

Data Sources

The property at 59 Wood Street, Chelmsford, CM2 9BQ appears three times in the Land Registry records, with the latest transaction recorded on 21 May 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Nov 2024. 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.


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