Flat 55, Wells Crescent Viaduct Road, Chelmsford, CM1 1GR is a leasehold flat built between 2003-2006. The property offers approximately 833 square feet of living space and is situated on the 1st floor of a 4-storey building. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £257,542 , which equates to approximately £311 per square foot. It was last sold on 27 Mar 2017 for £227,500. Since then, the value has increased by £30,042, representing a 13.2% increase, or approximately 1.5% per year.

The current estimated value of £257,542 is:

  • 83.2% higher than the average property price on Viaduct Road
  • 74.3% higher than the average in the CM1 1GR postcode area
  • and 40.9% 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 18 February 2011, the property was recorded as owner-occupied.

View sold house prices in CM1 1GR

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
833 sq ft
Tenure
Leasehold
Floor level
1st floor of 4
Price (estimate)
£257,542
Price Per sq ft (estimate)
£311
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 55, Wells Crescent Viaduct Road, Chelmsford, Essex, CM1 1GR has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 18 Feb 2011.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully triple glazed.

The previous EPC assessment was conducted on 10 Nov 2009. The rating of E is unchanged, though the energy efficiency score decreased by 17.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 66% of fixed outlets to low energy lighting in 10% of fixed outlets, with efficiency changing from good to poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in 10% of fixed outlets
Poor

Compared to CM1 1GR

2 nd / 10
Price Rank
74% higher than average
2 nd / 9
Size Rank
22% bigger than average
3 rd / 9
Price Per Sq FT Rank
43% higher than average

Compared to other properties in CM1 1GR , this flat's estimated value ranks 2nd out of 10. Based on price per square foot, it ranks 3rd out of 9 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 2nd out of 9 properties in its postcode area.

Sale History

Today
£257,542
streetscan.co.uk estimate
+13 %
27 Mar 2017
£227,500
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: 764 sq ft
sale price: £260,000
sale date: 21 Sep 2016
rooms: 3
size: 830 sq ft
sale price: £95,000
sale date: 23 Apr 2012
rooms: 3
size: 840 sq ft
sale price: £59,400
sale date: 8 Jul 2011

Data Sources

The property at Flat 55, Wells Crescent Viaduct Road, Chelmsford, Essex, CM1 1GR appears once in the Land Registry records, with the transaction recorded on 27 Mar 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Feb 2011. 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.