Flat 8 Wells Crescent Marconi Plaza

    FLAT 8 WELLS CRESCENT, MARCONI PLAZA, CHELMSFORD, CHELMSFORD, CM1 1GN

    This flat/maisonette leasehold property on Marconi Plaza last sold in July 2007 for £194,000. Based on price growth in the CM1 district since then, its estimated current value is £244,476 — placing it in the 36th percentile nationally and the 15th percentile within CM1. The property covers 56 m² (603 sq ft), giving an estimated value of £4,366 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £194,000

    Jul 2007

    Estimated Valuation

    £244,476

    Est. £/sq ft

    £406/sq ft

    £4,366/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateSept 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    30 Jul 2007

    New build

    £194,000

    Key Metrics

    Estimated valuation£244,476
    Value per sq ft / m²£406/sq ft (£4,366/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile15th percentile
    National percentile36th 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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