70, Victoria Court New Street, Chelmsford, CM1 1GP is a leasehold flat built between 2003-2006. The property offers approximately 753 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £349,864 , which equates to approximately £464 per square foot. It was last sold on 24 Mar 2005 for £206,500. Since then, the value has increased by £143,364, representing a 69.4% increase, or approximately 3.3% per year.

The current estimated value of £349,864 is:

  • 30.7% lower than the average property price on New Street
  • 11.5% higher than the average in the CM1 1GP postcode area
  • and 19.7% lower than the average price for Chelmsford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded 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 7 June 2022, the property was recorded as rented.

View sold house prices in CM1 1GP

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£349,864
Price Per sq ft (estimate)
£464
Bedroom Count (estimate)
2 bedrooms

EPC Summary

70, Victoria Court New Street, Chelmsford, Essex, CM1 1GP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Jun 2022.

This property is heated by electric room heaters. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 17 May 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 8.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and underfloor heating, mains gas to room heaters, electric, room heaters, electric, changing energy efficiency from good to very poor.
  • The hot water system was changed from from main system to electric immersion, standard tariff, with its energy efficiency changing from good to very poor.
  • The roof construction or insulation changed from (another dwelling above) to flat, insulated (assumed), improving energy efficiency from n/a to good.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 9% of fixed outlets to low energy lighting in 59% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, electric, Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Flat, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 59% of fixed outlets
Good

Compared to CM1 1GP

48 th / 105
Price Rank
12% higher than average
17 th / 59
Size Rank
16% bigger than average
46 th / 59
Price Per Sq FT Rank
4% lower than average

Compared to other properties in CM1 1GP , this flat's estimated value ranks 48th out of 105. Based on price per square foot, it ranks 46th out of 59 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 17th out of 59 properties in its postcode area.

Sale History

Today
£349,864
streetscan.co.uk estimate
+69 %
24 Mar 2005
£206,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 657 sq ft
sale price: £220,000
sale date: 29 Oct 2010
rooms: 3
size: 797 sq ft
sale price: £191,000
sale date: 30 Oct 2009
rooms: 3
size: 861 sq ft
sale price: £200,000
sale date: 29 Jun 2009
rooms: 3
size: 786 sq ft
sale price: £220,500
sale date: 29 Aug 2008
rooms: 3
size: 657 sq ft
sale price: £203,000
sale date: 25 Jul 2008

Data Sources

The property at 70, Victoria Court New Street, Chelmsford, Essex, CM1 1GP appears once in the Land Registry records, with the transaction recorded on 24 Mar 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jun 2022. 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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