Flat 2, Wells Crescent Marconi Plaza, Chelmsford, CM1 1GN is a leasehold flat built between 2003-2006. The property offers approximately 872 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £437,087 , which equates to approximately £501 per square foot. It was last sold on 29 Mar 2007 for £285,000. Since then, the value has increased by £152,087, representing a 53.4% increase, or approximately 2.8% per year.

The current estimated value of £437,087 is:

  • 34.1% higher than the average property price on Marconi Plaza
  • 60.5% higher than the average in the CM1 1GN postcode area
  • and 0.3% higher than the average price for Chelmsford as a whole

View sold house prices in CM1 1GN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
872 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£437,087
Price Per sq ft (estimate)
£501
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 2, Wells Crescent Marconi Plaza, Chelmsford, Essex, CM1 1GN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 1 Aug 2016.

This property uses electric room heaters 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
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM1 1GN

7 th / 52
Price Rank
60% higher than average
9 th / 50
Size Rank
37% bigger than average
31 st / 50
Price Per Sq FT Rank
17% higher than average

Compared to other properties in CM1 1GN , this flat's estimated value ranks 7th out of 52. Based on price per square foot, it ranks 31th out of 50 properties. In terms of size, this home ranks 9th out of 50 properties in its postcode area.

Sale History

Today
£437,087
streetscan.co.uk estimate
+53 %
29 Mar 2007
£285,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 915 sq ft
sale price: £280,000
sale date: 31 Jan 2019
rooms: 3
size: 947 sq ft
sale price: £296,700
sale date: 1 Jul 2016
rooms: 3
size: 947 sq ft
sale price: £215,000
sale date: 11 Mar 2016
rooms: 3
size: 829 sq ft
sale price: £225,000
sale date: 4 Dec 2015
rooms: 3
size: 850 sq ft
sale price: £250,000
sale date: 4 Nov 2014

Data Sources

The property at Flat 2, Wells Crescent Marconi Plaza, Chelmsford, Essex, CM1 1GN appears once in the Land Registry records, with the transaction recorded on 29 Mar 2007. It also has a single Energy Performance Certificate (EPC) from 1 Aug 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.