Flat 11 Wells Crescent Marconi Plaza

    FLAT 11 WELLS CRESCENT, MARCONI PLAZA, CHELMSFORD, CM1 1GN

    This flat/maisonette leasehold property on Marconi Plaza last sold in November 2014 for £250,000. Based on price growth in the CM1 district since then, its estimated current value is £359,179 — placing it in the 61st percentile nationally and the 36th percentile within CM1. The property covers 79 m² (850 sq ft), giving an estimated value of £4,547 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £250,000

    Nov 2014

    Estimated Valuation

    £359,179

    Est. £/sq ft

    £422/sq ft

    £4,547/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area850 sq ft (79 m²)
    EPC dateJun 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    4 Nov 2014

    £250,000

    9 Dec 2010

    £175,000

    21 Dec 2006

    New build

    £240,000

    Key Metrics

    Estimated valuation£359,179
    Value per sq ft / m²£422/sq ft (£4,547/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile36th percentile
    National percentile61st percentile

    District Context — CM1

    CM1 covers Chelmsford town centre and its immediate surroundings in Essex, located roughly 30 miles northeast of London. It is a established residential and commercial district with strong local amenities and commuter appeal.

    Average Property Price - CM1

    £436,548

    73

    National percentile

    Average Net Household Income - CM1

    £36,171

    39

    National percentile

    10-Year Annualised Price Growth - CM1

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM1

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