Flat 43 Wells Crescent Marconi Plaza

    FLAT 43 WELLS CRESCENT, MARCONI PLAZA, CHELMSFORD, CM1 1GN

    This flat/maisonette leasehold property on Marconi Plaza last sold in March 2017 for £216,000. Based on price growth in the CM1 district since then, its estimated current value is £227,655 — placing it in the 32nd percentile nationally and the 13th percentile within CM1. The property covers 55 m² (592 sq ft), giving an estimated value of £4,139 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £216,000

    Mar 2017

    Estimated Valuation

    £227,655

    Est. £/sq ft

    £385/sq ft

    £4,139/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateNov 2018
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    18 Mar 2017

    £216,000

    2 May 2007

    New build

    £250,000

    Key Metrics

    Estimated valuation£227,655
    Value per sq ft / m²£385/sq ft (£4,139/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile13th percentile
    National percentile32nd 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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