Flat 49 Wells Crescent Marconi Plaza

    FLAT 49 WELLS CRESCENT, MARCONI PLAZA, CHELMSFORD, CM1 1GN

    This flat/maisonette leasehold property on Marconi Plaza last sold in December 2023 for £192,000. Based on price growth in the CM1 district since then, its estimated current value is £184,914 — placing it in the 21st percentile nationally and the 6th percentile within CM1. The property covers 48 m² (517 sq ft), giving an estimated value of £3,852 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £192,000

    Dec 2023

    Estimated Valuation

    £184,914

    Est. £/sq ft

    £358/sq ft

    £3,852/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area517 sq ft (48 m²)
    EPC dateFeb 2016
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    15 Dec 2023

    £192,000

    15 Dec 2006

    New build

    £213,400

    Key Metrics

    Estimated valuation£184,914
    Value per sq ft / m²£358/sq ft (£3,852/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile6th percentile
    National percentile21st 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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