Flat 24, Wells Crescent Marconi Plaza, Chelmsford, CM1 1GN is a leasehold flat built in 2007 onwards. The property offers approximately 646 square feet of living space and is situated on the 2nd floor of a 4-storey building. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £257,216 , which equates to approximately £398 per square foot. It was last sold on 2 Oct 2007 for £179,000. Since then, the value has increased by £78,216, representing a 43.7% increase, or approximately 2.4% per year.

The current estimated value of £257,216 is:

  • 21.1% lower than the average property price on Marconi Plaza
  • 5.6% lower than the average in the CM1 1GN postcode area
  • and 41.0% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 24 January 2011, the property was recorded as owner-occupied.

View sold house prices in CM1 1GN

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
2nd floor of 4
Price (estimate)
£257,216
Price Per sq ft (estimate)
£398
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 24, 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 24 Jan 2011.

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 80% of fixed outlets
Very Good

Compared to CM1 1GN

48 th / 52
Price Rank
6% lower than average
16 th / 50
Size Rank
2% bigger than average
48 th / 50
Price Per Sq FT Rank
7% lower than average

Compared to other properties in CM1 1GN , this flat's estimated value ranks 48th out of 52. Based on price per square foot, it ranks 48th 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 16th out of 50 properties in its postcode area.

Sale History

Today
£257,216
streetscan.co.uk estimate
+44 %
2 Oct 2007
£179,000
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: 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 24, Wells Crescent Marconi Plaza, Chelmsford, Essex, CM1 1GN appears once in the Land Registry records, with the transaction recorded on 2 Oct 2007. It also has a single Energy Performance Certificate (EPC) from 24 Jan 2011. 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.