Flat 42, Wells Crescent Marconi Plaza, Chelmsford, CM1 1GN is a leasehold flat built between 2003-2006. The property offers approximately 581 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £280,378 , which equates to approximately £482 per square foot. It was last sold on 3 Sep 2007 for £194,000. Since then, the value has increased by £86,378, representing a 44.5% increase, or approximately 2.4% per year.

The current estimated value of £280,378 is:

  • 14.0% lower than the average property price on Marconi Plaza
  • 2.9% higher than the average in the CM1 1GN postcode area
  • and 35.7% lower than the average price for Chelmsford as a whole

View sold house prices in CM1 1GN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£280,378
Price Per sq ft (estimate)
£482
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 42, 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 11 Mar 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 triple glazed.

The previous EPC assessment was conducted on 21 Jul 2009, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 38.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff 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 double glazed to fully triple glazed.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to CM1 1GN

36 th / 52
Price Rank
3% higher than average
22 nd / 50
Size Rank
8% smaller than average
36 th / 50
Price Per Sq FT Rank
12% higher than average

Compared to other properties in CM1 1GN , this flat's estimated value ranks 36th out of 52. Based on price per square foot, it ranks 36th 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 22th out of 50 properties in its postcode area.

Sale History

Today
£280,378
streetscan.co.uk estimate
+45 %
3 Sep 2007
£194,000
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: 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

Data Sources

The property at Flat 42, Wells Crescent Marconi Plaza, Chelmsford, Essex, CM1 1GN appears once in the Land Registry records, with the transaction recorded on 3 Sep 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Mar 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.


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