Flat 27, Wells Crescent Marconi Plaza, Chelmsford, CM1 1GN is a leasehold flat built between 2003-2006. The property offers approximately 1,023 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £273,365 , which equates to approximately £267 per square foot. It was last sold on 24 Jun 2022 for £275,000. Since then, the value has decreased by £1,635, representing a 0.6% decrease, or approximately 0.2% per year.

The current estimated value of £273,365 is:

  • 16.1% lower than the average property price on Marconi Plaza
  • 0.4% higher than the average in the CM1 1GN postcode area
  • and 37.3% lower than the average price for Chelmsford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 27 September 2019, 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
1023 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£273,365
Price Per sq ft (estimate)
£267
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 27, 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 27 Sep 2019.

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.

The previous EPC assessment was conducted on 1 Dec 2008. The rating of C remains the same, but the energy efficiency score improved by 12.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to poor.
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 15% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
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

13 th / 52
Price Rank
0% same as average
2 nd / 50
Size Rank
61% bigger than average
49 th / 50
Price Per Sq FT Rank
38% lower than average

Compared to other properties in CM1 1GN , this flat's estimated value ranks 13th out of 52. Based on price per square foot, it ranks 49th 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 2nd out of 50 properties in its postcode area.

Sale History

Today
£273,365
streetscan.co.uk estimate
-1 %
24 Jun 2022
£275,000
Leasehold
+14.6 %
19 Jun 2014
£240,000
Leasehold
-1 %
13 Jan 2012
£242,500
Leasehold
-3 %
3 Jan 2007
£250,000
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: 1044 sq ft
sale price: £300,000
sale date: 17 Nov 2017
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: 936 sq ft
sale price: £250,000
sale date: 2 Mar 2010

Data Sources

The property at Flat 27, Wells Crescent Marconi Plaza, Chelmsford, CM1 1GN appears four times in the Land Registry records, with the latest transaction recorded on 24 Jun 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Sep 2019. 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.