Flat 27 Wells Crescent Marconi Plaza

    FLAT 27 WELLS CRESCENT, MARCONI PLAZA, CHELMSFORD, CM1 1GN

    This flat/maisonette leasehold property on Marconi Plaza last sold in June 2022 for £275,000. Based on price growth in the CM1 district since then, its estimated current value is £256,633 — placing it in the 39th percentile nationally and the 17th percentile within CM1. The property covers 95 m² (1,023 sq ft), giving an estimated value of £2,701 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £275,000

    Jun 2022

    Estimated Valuation

    £256,633

    Est. £/sq ft

    £251/sq ft

    £2,701/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area1,023 sq ft (95 m²)
    EPC dateOct 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    24 Jun 2022

    £275,000

    19 Jun 2014

    £240,000

    13 Jan 2012

    £242,500

    3 Jan 2007

    New build

    £250,000

    Key Metrics

    Estimated valuation£256,633
    Value per sq ft / m²£251/sq ft (£2,701/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile17th percentile
    National percentile39th 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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