Flat 15 Wells Crescent Marconi Plaza

    FLAT 15 WELLS CRESCENT, MARCONI PLAZA, CHELMSFORD, CHELMSFORD, CM1 1GN

    This flat/maisonette leasehold property on Marconi Plaza last sold in December 2006 for £209,495. Based on price growth in the CM1 district since then, its estimated current value is £326,241 — placing it in the 55th percentile nationally and the 27th percentile within CM1. The property covers 52 m² (560 sq ft), giving an estimated value of £6,274 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £209,495

    Dec 2006

    Estimated Valuation

    £326,241

    Est. £/sq ft

    £583/sq ft

    £6,274/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateFeb 2013
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    21 Dec 2006

    New build

    £209,495

    Key Metrics

    Estimated valuation£326,241
    Value per sq ft / m²£583/sq ft (£6,274/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile27th percentile
    National percentile55th 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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