Flat 40, Chelmer Lodge, 111 New London Road, Chelmsford, CM2 0FY is a leasehold flat built between 2007-2011. The property offers approximately 463 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 £352,267 , which equates to approximately £761 per square foot. It was last sold on 17 Oct 2016 for £299,950. Since then, the value has increased by £52,317, representing a 17.4% increase, or approximately 1.9% per year.

The current estimated value of £352,267 is:

  • 53.0% lower than the average property price on New London Road
  • 4.2% lower than the average in the CM2 0FY postcode area
  • and 21.6% 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 16 August 2023, the property was recorded as owner-occupied.

View sold house prices in CM2 0FY

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
463 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£352,267
Price Per sq ft (estimate)
£761
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 40, Chelmer Lodge, 111 New London Road, Chelmsford, Essex, CM2 0FY has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 16 Aug 2023.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Jul 2016. The rating of B is unchanged, though the energy efficiency score decreased by 1.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.11 w/m-¦k to (another dwelling above), changing energy efficiency from very good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.23 w/m-¦k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
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 CM2 0FY

39 th / 55
Price Rank
4% lower than average
55 th / 55
Size Rank
27% smaller than average
1 st / 55
Price Per Sq FT Rank
31% higher than average

Compared to other properties in CM2 0FY , this flat's estimated value ranks 39th out of 55. Based on price per square foot, it ranks 1st out of 55 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 55th out of 55 properties in its postcode area.

Sale History

Today
£352,267
streetscan.co.uk estimate
+17 %
17 Oct 2016
£299,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 506 sq ft
sale price: £258,500
sale date: 16 Jun 2022
rooms: 2
size: 484 sq ft
sale price: £178,000
sale date: 5 Feb 2016
rooms: 2
size: 517 sq ft
sale price: £178,000
sale date: 30 Nov 2015
rooms: 2
size: 517 sq ft
sale price: £171,000
sale date: 6 Jul 2012

Data Sources

The property at Flat 40, Chelmer Lodge, 111 New London Road, Chelmsford, Essex, CM2 0FY appears once in the Land Registry records, with the transaction recorded on 17 Oct 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Aug 2023. 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.