Flat 51, Wells Crescent Marconi Plaza, Chelmsford, CM1 1GN is a leasehold flat built between 2003-2006. The property offers approximately 490 square feet of living space and is situated on the 2nd floor of a 3-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £226,411 , which equates to approximately £457 per square foot. It was last sold on 12 Dec 2019 for £200,000. Since then, the value has increased by £26,411, representing a 13.2% increase, or approximately 2.2% per year.

The current estimated value of £226,411 is:

  • 30.5% lower than the average property price on Marconi Plaza
  • 16.9% lower than the average in the CM1 1GN postcode area
  • and 48.1% 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
490 sq ft
Tenure
Leasehold
Floor level
2nd floor of 3
Price (estimate)
£226,411
Price Per sq ft (estimate)
£457
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 51, Wells Crescent Marconi Plaza, Chelmsford, Essex, CM1 1GN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Sep 2009.

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.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 16% of fixed outlets
Poor

Compared to CM1 1GN

37 th / 52
Price Rank
17% lower than average
46 th / 50
Size Rank
22% smaller than average
18 th / 50
Price Per Sq FT Rank
7% higher than average

Compared to other properties in CM1 1GN , this flat's estimated value ranks 37th out of 52. Based on price per square foot, it ranks 18th out of 50 properties. In terms of size, this home ranks 46th out of 50 properties in its postcode area.

Sale History

Today
£226,411
streetscan.co.uk estimate
+13 %
12 Dec 2019
£200,000
Leasehold
+2.6 %
13 Jul 2007
£195,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £192,000
sale date: 15 Dec 2023
rooms: 2
size: 560 sq ft
sale price: £180,000
sale date: 8 Nov 2019
rooms: 2
size: 538 sq ft
sale price: £180,000
sale date: 19 Jul 2019
rooms: 2
size: 510 sq ft
sale price: £189,000
sale date: 5 Apr 2019
rooms: 2
size: 527 sq ft
sale price: £210,000
sale date: 9 Aug 2018

Data Sources

The property at Flat 51, Wells Crescent Marconi Plaza, Chelmsford, CM1 1GN appears two times in the Land Registry records, with the latest transaction recorded on 12 Dec 2019. It also has a single Energy Performance Certificate (EPC) from 12 Sep 2009. 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.