Flat 12, 43 New Street, Chelmsford, CM1 1PH is a leasehold flat built between 2003-2006. The property offers approximately 570 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £274,573 , which equates to approximately £481 per square foot. It was last sold on 24 May 2013 for £170,000. Since then, the value has increased by £104,573, representing a 61.5% increase, or approximately 4.9% per year.

The current estimated value of £274,573 is:

  • 45.6% lower than the average property price on New Street
  • 42.9% lower than the average in the CM1 1PH postcode area
  • and 37.0% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 1 October 2016, the property was recorded as owner-occupied.

View sold house prices in CM1 1PH

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£274,573
Price Per sq ft (estimate)
£481
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 12, 43 New Street, Chelmsford, Essex, CM1 1PH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Oct 2016.

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.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to CM1 1PH

17 th / 19
Price Rank
43% lower than average
8 th / 16
Size Rank
44% smaller than average
14 th / 16
Price Per Sq FT Rank
1% higher than average

Compared to other properties in CM1 1PH , this flat's estimated value ranks 17th out of 19. Based on price per square foot, it ranks 14th out of 16 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 8th out of 16 properties in its postcode area.

Sale History

Today
£274,573
streetscan.co.uk estimate
+62 %
24 May 2013
£170,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 527 sq ft
sale price: £230,000
sale date: 9 Dec 2022
rooms: 3
size: 549 sq ft
sale price: £280,000
sale date: 5 Dec 2022
rooms: 3
size: 549 sq ft
sale price: £240,000
sale date: 28 Jun 2017
rooms: 3
size: 560 sq ft
sale price: £212,000
sale date: 24 Aug 2015
rooms: 3
size: 592 sq ft
sale price: £194,000
sale date: 24 Oct 2005

Data Sources

The property at Flat 12, 43 New Street, Chelmsford, Essex, CM1 1PH appears once in the Land Registry records, with the transaction recorded on 24 May 2013. It also has a single Energy Performance Certificate (EPC) from 1 Oct 2016. 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.