Flat 21, Wells Crescent Marconi Plaza, Chelmsford, CM1 1GN is a leasehold flat built between 2007-2011. The property offers approximately 624 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £221,009 , which equates to approximately £354 per square foot. It was last sold on 23 Aug 2017 for £202,500. Since then, the value has increased by £18,509, representing a 9.1% increase, or approximately 1.1% per year.

The current estimated value of £221,009 is:

  • 32.2% lower than the average property price on Marconi Plaza
  • 18.9% lower than the average in the CM1 1GN postcode area
  • and 49.3% lower than the average price for Chelmsford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 12 November 2024, the property was recorded as rented.

View sold house prices in CM1 1GN

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£221,009
Price Per sq ft (estimate)
£354
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 21, Wells Crescent Marconi Plaza, Chelmsford, Essex, CM1 1GN has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 12 Nov 2024.

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

The previous EPC assessment was conducted on 19 Nov 2014. The rating of B is unchanged, though the energy efficiency score decreased by 1.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 86% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to CM1 1GN

46 th / 52
Price Rank
19% lower than average
18 th / 50
Size Rank
2% smaller than average
45 th / 50
Price Per Sq FT Rank
17% lower than average

Compared to other properties in CM1 1GN , this flat's estimated value ranks 46th out of 52. Based on price per square foot, it ranks 45th out of 50 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 18th out of 50 properties in its postcode area.

Sale History

Today
£221,009
streetscan.co.uk estimate
+9 %
23 Aug 2017
£202,500
Leasehold
+19.1 %
8 May 2015
£170,000
Leasehold
-5.8 %
15 Jun 2007
£180,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 570 sq ft
sale price: £160,000
sale date: 13 Nov 2024
rooms: 2
size: 581 sq ft
sale price: £117,500
sale date: 5 Nov 2024
rooms: 3
size: 646 sq ft
sale price: £245,000
sale date: 9 Aug 2023
rooms: 2
size: 581 sq ft
sale price: £210,000
sale date: 12 Jun 2020
rooms: 2
size: 560 sq ft
sale price: £180,000
sale date: 8 Nov 2019

Data Sources

The property at Flat 21, Wells Crescent Marconi Plaza, Chelmsford, CM1 1GN appears three times in the Land Registry records, with the latest transaction recorded on 23 Aug 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Nov 2024. 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.