Flat 40 Wells Crescent Marconi Plaza

    FLAT 40 WELLS CRESCENT, MARCONI PLAZA, CHELMSFORD, CM1 1GN

    This flat/maisonette leasehold property on Marconi Plaza last sold in June 2020 for £210,000. Based on price growth in the CM1 district since then, its estimated current value is £222,344 — placing it in the 30th percentile nationally and the 12th percentile within CM1. The property covers 54 m² (581 sq ft), giving an estimated value of £4,117 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £210,000

    Jun 2020

    Estimated Valuation

    £222,344

    Est. £/sq ft

    £382/sq ft

    £4,117/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateJan 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    12 Jun 2020

    £210,000

    11 Mar 2016

    £206,000

    30 Mar 2007

    New build

    £223,500

    Key Metrics

    Estimated valuation£222,344
    Value per sq ft / m²£382/sq ft (£4,117/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile12th percentile
    National percentile30th 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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