Flat 23, Wells Crescent Marconi Plaza, Chelmsford, CM1 1GN is a leasehold flat built between 2003-2006. The property offers approximately 560 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £200,823 , which equates to approximately £359 per square foot. It was last sold on 8 Nov 2019 for £180,000. Since then, the value has increased by £20,823, representing a 11.6% increase, or approximately 1.9% per year.

The current estimated value of £200,823 is:

  • 38.4% lower than the average property price on Marconi Plaza
  • 26.3% lower than the average in the CM1 1GN postcode area
  • and 53.9% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 26 May 2010, the property was recorded as owner-occupied.

View sold house prices in CM1 1GN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£200,823
Price Per sq ft (estimate)
£359
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 23, Wells Crescent Marconi Plaza, Chelmsford, Essex, CM1 1GN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 May 2020.

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 double glazed.

The previous EPC assessment was conducted on 26 May 2010. The rating of C remains the same, but the energy efficiency score improved by 6.8%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric instantaneous at point of use to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from fully triple glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 78% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to CM1 1GN

24 th / 52
Price Rank
26% lower than average
35 th / 50
Size Rank
12% smaller than average
11 th / 50
Price Per Sq FT Rank
16% lower than average

Compared to other properties in CM1 1GN , this flat's estimated value ranks 24th out of 52. Based on price per square foot, it ranks 11th out of 50 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 35th out of 50 properties in its postcode area.

Sale History

Today
£200,823
streetscan.co.uk estimate
+12 %
8 Nov 2019
£180,000
Leasehold
+12.5 %
9 Jul 2014
£160,000
Leasehold
-28.9 %
31 May 2007
£225,000
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: 2
size: 517 sq ft
sale price: £192,000
sale date: 15 Dec 2023
rooms: 2
size: 581 sq ft
sale price: £210,000
sale date: 12 Jun 2020
rooms: 2
size: 490 sq ft
sale price: £200,000
sale date: 12 Dec 2019

Data Sources

The property at Flat 23, Wells Crescent Marconi Plaza, Chelmsford, CM1 1GN appears three times in the Land Registry records, with the latest transaction recorded on 8 Nov 2019. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 15 May 2020. 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.