Flat 54, Wells Crescent Viaduct Road, Chelmsford, CM1 1GR is a leasehold flat built in 2007 onwards. The property offers approximately 667 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £86,916 , which equates to approximately £130 per square foot. It was last sold on 24 Mar 2021 for £80,850. Since then, the value has increased by £6,066, representing a 7.5% increase, or approximately 1.6% per year.

The current estimated value of £86,916 is:

  • 38.2% lower than the average property price on Viaduct Road
  • 41.2% lower than the average in the CM1 1GR postcode area
  • and 80.1% lower than the average price for Chelmsford as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 4 September 2020, the property was recorded as owner-occupied.

View sold house prices in CM1 1GR

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
667 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£86,916
Price Per sq ft (estimate)
£130
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 54, Wells Crescent Viaduct Road, Chelmsford, Essex, CM1 1GR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Sep 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 26 Jun 2010, and the property received the same rating of C with an unchanged energy efficiency score of 80.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining cavity wall, as built, insulated (assumed).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM1 1GR

7 th / 10
Price Rank
41% lower than average
7 th / 9
Size Rank
2% smaller than average
7 th / 9
Price Per Sq FT Rank
40% lower than average

Compared to other properties in CM1 1GR , this flat's estimated value ranks 7th out of 10. Based on price per square foot, it ranks 7th out of 9 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 7th out of 9 properties in its postcode area.

Sale History

Today
£86,916
streetscan.co.uk estimate
+8 %
24 Mar 2021
£80,850
Leasehold
+22.5 %
24 Apr 2015
£66,000
Leasehold
+8.1 %
1 Apr 2011
£61,050
Leasehold
+7.1 %
27 Feb 2009
£57,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 710 sq ft
sale price: £125,000
sale date: 12 Jul 2021
rooms: 3
size: 570 sq ft
sale price: £82,500
sale date: 22 May 2020
rooms: 3
size: 700 sq ft
sale price: £80,850
sale date: 7 Feb 2020
rooms: 3
size: 764 sq ft
sale price: £260,000
sale date: 21 Sep 2016

Data Sources

The property at Flat 54, Wells Crescent Viaduct Road, Chelmsford, CM1 1GR appears four times in the Land Registry records, with the latest transaction recorded on 24 Mar 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Sep 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.


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.