Flat 11, 50 Rainsford Road, Chelmsford, CM1 2XB is a leasehold flat built between 1950-1966. The property offers approximately 592 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £258,331 , which equates to approximately £436 per square foot. It was last sold on 7 May 2020 for £230,000. Since then, the value has increased by £28,331, representing a 12.3% increase, or approximately 2.2% per year.

The current estimated value of £258,331 is:

  • 38.6% lower than the average property price on Rainsford Road
  • 27.7% lower than the average in the CM1 2XB postcode area
  • and 40.7% 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
592 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£258,331
Price Per sq ft (estimate)
£436
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 11, 50 Rainsford Road, Chelmsford, Essex, CM1 2XB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Sep 2019.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, off-peak
Average
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

18 th / 29
Price Rank
28% lower than average
5 th / 22
Size Rank
10% smaller than average
20 th / 22
Price Per Sq FT Rank
19% lower than average

Compared to other properties in CM1 2XB , this flat's estimated value ranks 18th out of 29. Based on price per square foot, it ranks 20th 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 5th out of 22 properties in its postcode area.

Sale History

Today
£258,331
streetscan.co.uk estimate
+12 %
7 May 2020
£230,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £175,000
sale date: 14 May 2021
rooms: 3
size: 549 sq ft
sale price: £285,000
sale date: 19 Jan 2021
rooms: 3
size: 603 sq ft
sale price: £285,000
sale date: 19 Jan 2021
rooms: 2
size: 570 sq ft
sale price: £239,000
sale date: 20 Jul 2020
rooms: 2
size: 506 sq ft
sale price: £237,500
sale date: 15 Jun 2020

Data Sources

The property at Flat 11, 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.