8 Mearns Place, Chelmsford, CM2 6TT is a leasehold flat built between 1996-2002. The property offers approximately 291 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £127,421 , which equates to approximately £438 per square foot. It was last sold on 16 Jan 2004 for £68,000. Since then, the value has increased by £59,421, representing a 87.4% increase, or approximately 4.0% per year.

The current estimated value of £127,421 is:

  • 52.8% lower than the average property price on Mearns Place
  • 47.0% lower than the average in the CM2 6TT postcode area
  • and 71.6% lower than the average price for Chelmsford as a whole

View sold house prices in CM2 6TT

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
291 sq ft
Tenure
Leasehold
Price (estimate)
£127,421
Price Per sq ft (estimate)
£438
Bedroom Count (estimate)
1 bedroom

EPC Summary

8 Mearns Place, Chelmsford, Essex, CM2 6TT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 8 Oct 2018.

This property uses electric storage 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 13 Oct 2008. The rating of D remains the same, but the energy efficiency score improved by 4.6%.

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 wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to CM2 6TT

14 th / 16
Price Rank
47% lower than average
5 th / 13
Size Rank
40% smaller than average
10 th / 13
Price Per Sq FT Rank
12% lower than average

Compared to other properties in CM2 6TT , this flat's estimated value ranks 14th out of 16. Based on price per square foot, it ranks 10th out of 13 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 5th out of 13 properties in its postcode area.

Sale History

Today
£127,421
streetscan.co.uk estimate
+87 %
16 Jan 2004
£68,000
Leasehold
+134.5 %
27 Aug 1999
£29,000
Leasehold
0 %
9 Dec 1998
£29,000
Leasehold

Area Insights

Similar Properties Sold Nearby

16 Mearns Place, Chelmsford, CM2 6TT
rooms: 1
size: 280 sq ft
sale price: £115,500
sale date: 5 Mar 2021
10 Mearns Place, Chelmsford, CM2 6TT
rooms: 1
size: 276 sq ft
sale price: £115,000
sale date: 17 Aug 2018
12 Mearns Place, Chelmsford, CM2 6TT
rooms: 1
size: 267 sq ft
sale price: £97,000
sale date: 23 Nov 2008
14 Mearns Place, Chelmsford, CM2 6TT
rooms: 1
size: 280 sq ft
sale price: £85,000
sale date: 25 May 2005
20 Mearns Place, Chelmsford, CM2 6TT
rooms: 1
size: 280 sq ft
sale price: £39,000
sale date: 15 Dec 2000

Data Sources

The property at 8 Mearns Place, Chelmsford, CM2 6TT appears three times in the Land Registry records, with the latest transaction recorded on 16 Jan 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Oct 2018. 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.
↑