Flat 1, 50 Rainsford Road, Chelmsford, CM1 2XB is a leasehold flat built between 1950-1966. The property offers approximately 495 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 £257,208 , which equates to approximately £519 per square foot. It was last sold on 7 May 2020 for £229,000. Since then, the value has increased by £28,208, representing a 12.3% increase, or approximately 2.2% per year.

The current estimated value of £257,208 is:

  • 38.8% lower than the average property price on Rainsford Road
  • 28.0% lower than the average in the CM1 2XB postcode area
  • and 41.0% lower than the average price for Chelmsford as a whole

View sold house prices in CM1 2XB

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
495 sq ft
Tenure
Leasehold
Price (estimate)
£257,208
Price Per sq ft (estimate)
£519
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 50 Rainsford Road, Chelmsford, Essex, CM1 2XB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 27 Sep 2019.

This property uses electric underfloor heating as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM1 2XB

19 th / 29
Price Rank
28% lower than average
9 th / 22
Size Rank
25% smaller than average
15 th / 22
Price Per Sq FT Rank
4% lower than average

Compared to other properties in CM1 2XB , this flat's estimated value ranks 19th out of 29. Based on price per square foot, it ranks 15th out of 22 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 9th out of 22 properties in its postcode area.

Sale History

Today
£257,208
streetscan.co.uk estimate
+12 %
7 May 2020
£229,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 441 sq ft
sale price: £255,000
sale date: 3 Mar 2022
rooms: 3
size: 549 sq ft
sale price: £285,000
sale date: 19 Jan 2021
rooms: 2
size: 495 sq ft
sale price: £223,000
sale date: 8 Jan 2021
rooms: 2
size: 452 sq ft
sale price: £215,000
sale date: 18 Dec 2020
rooms: 2
size: 452 sq ft
sale price: £210,000
sale date: 21 Aug 2020

Data Sources

The property at Flat 1, 50 Rainsford Road, Chelmsford, Essex, CM1 2XB appears once in the Land Registry records, with the transaction recorded on 7 May 2020. It also has a single Energy Performance Certificate (EPC) from 27 Sep 2019. 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.