Wells Crescent, Marconi Plaza - CM1 1GN
Key Building Insights
Wells Crescent, Marconi Plaza is a residential building situated on Marconi Plaza, Chelmsford, CM1 with 51 addresses.
It ranks as the 576th largest and 413th most expensive of the 582 buildings in the CM1 area. The most common property type is a modern flat built after 1980.
The building contains a total of 51 properties: 51 flats.
- Ave. Sale Price
- £243,837
- 10 Year change
- up 4.9%
- Ave. Rental Price
- £1,228pcm
- 10 Year change
- up 34.8%
- Ave. £ per ft²
- £395/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Building Insights
Wells Crescent, Marconi Plaza is a residential building situated on Marconi Plaza, Chelmsford, CM1 with 51 addresses.
It ranks as the 576th largest and 413th most expensive of the 582 buildings in the CM1 area. The most common property type is a modern flat built after 1980.
The building contains a total of 51 properties: 51 flats.
- Ave. Sale Price
- £243,837
- 10 Year change
- up 4.9%
- Ave. Rental Price
- £1,228pcm
- 10 Year change
- up 34.8%
- Ave. £ per ft²
- £395/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertieson Marconi Plaza, Chelmsford, CM1
- Flat 1 Wells Crescent
3 Bed Modern Flat
- Flat 10 Wells Crescent
3 Bed Modern Flat
- Flat 11 Wells Crescent
3 Bed Modern Flat
- Flat 12 Wells Crescent
2 Bed Modern Flat
- Flat 13 Wells Crescent
2 Bed Modern Flat
Sales Market Trends
The last sale in Wells Crescent, Marconi Plaza sold for £130,000 on 15th April 2026. Since then prices are down an average of 3.5%.
The current average value in the building is £243,837.
The Wells Crescent, Marconi Plaza Sales Market has increased by 4.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £243,837 |
| June 2025 | 0% | £251,478 |
| June 2024 | -2.1% | £251,594 |
| June 2023 | -0.8% | £256,941 |
| June 2022 | 5.2% | £258,890 |
| June 2021 | 1.6% | £246,169 |
| June 2020 | 1% | £242,244 |
| June 2019 | -0.6% | £239,745 |
| June 2018 | -0.4% | £241,078 |
| June 2017 | 4.1% | £242,145 |
| June 2016 | 10.9% | £232,539 |
| June 2015 | 9.5% | £209,682 |
| June 2014 | 9.1% | £191,573 |
| June 2013 | 0.8% | £175,637 |
| June 2012 | 1.8% | £174,228 |
| June 2011 | 0.6% | £171,140 |
| June 2010 | 6.9% | £170,167 |
| June 2009 | -12.2% | £159,236 |
| June 2008 | -3.4% | £181,326 |
| June 2007 | 0% | £187,672 |
Rental Market Trends
The current average rental value in the building is £1,228.
The Wells Crescent, Marconi Plaza Rental Market has increased by 34.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,228pcm |
| June 2025 | 2.6% | £1,204pcm |
| June 2024 | 8.1% | £1,174pcm |
| June 2023 | 9.7% | £1,086pcm |
| June 2022 | 4.2% | £990pcm |
| June 2021 | 1.7% | £950pcm |
| June 2020 | 1.4% | £934pcm |
| June 2019 | 1.5% | £921pcm |
| June 2018 | -0.5% | £908pcm |
| June 2017 | 0.3% | £913pcm |
| June 2016 | 3.1% | £911pcm |
| June 2015 | 3.7% | £883pcm |
| June 2014 | 3.7% | £851pcm |
| June 2013 | 2% | £821pcm |
| June 2012 | 1.9% | £805pcm |
| June 2011 | 2.6% | £790pcm |
| June 2010 | 4.5% | £770pcm |
| June 2009 | -8.4% | £736pcm |
| June 2008 | 4.1% | £804pcm |
| June 2007 | 0% | £772pcm |
Sales History
The last sale was on 15th April 2026 for £130,000 and since then the market in the area has decreased by 3.5%. The building has had a total of 94 sales since 1995.
Wells Crescent, Marconi Plaza, Chelmsford, CM1 1GN has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£130,000 | 2 Bed FlatFlat 37, Wells Crescent, Marconi Plaza, Chelmsford, CM1 1GNFlat 37, Wells Crescent, Marconi Plaza, Chelmsford, CM1 1GN
- Sold Nov 2024£160,000 | 2 Bed FlatFlat 25, Wells Crescent, Marconi Plaza, Chelmsford, CM1 1GNFlat 25, Wells Crescent, Marconi Plaza, Chelmsford, CM1 1GN
- Sold Nov 2024£117,500 | 2 Bed FlatFlat 7, Wells Crescent, Marconi Plaza, Chelmsford, CM1 1GNFlat 7, Wells Crescent, Marconi Plaza, Chelmsford, CM1 1GN
- Sold Dec 2023£192,000 | 2 Bed FlatFlat 49, Wells Crescent, Marconi Plaza, Chelmsford, CM1 1GNFlat 49, Wells Crescent, Marconi Plaza, Chelmsford, CM1 1GN
- Sold Aug 2023£245,000 | 2 Bed FlatFlat 29, Wells Crescent, Marconi Plaza, Chelmsford, CM1 1GNFlat 29, Wells Crescent, Marconi Plaza, Chelmsford, CM1 1GN
Property Types
- 51 modern flats built after 1980
- modern flat (51)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 51 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (6)
- F (0)
- C (27)
- G (0)
- D (17)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Sep 2017£595,000 | 3 Bed Flat103 Kings Tower, Marconi Plaza, Chelmsford, CM1 1GS103 Kings Tower, Marconi Plaza, Chelmsford, CM1 1GS
- Sold Sep 2009£360,000 | 3 Bed Flat104 Kings Tower, Marconi Plaza, Chelmsford, CM1 1GS104 Kings Tower, Marconi Plaza, Chelmsford, CM1 1GS
- Sold Jan 2009£350,000 | 3 Bed Flat103 Kings Tower, Marconi Plaza, Chelmsford, CM1 1GS103 Kings Tower, Marconi Plaza, Chelmsford, CM1 1GS
Schools Nearby
- Maltese Road Primary School600 m away
- The Cathedral Church of England Voluntary Aided Primary School, Chelmsford700 m away
- Our Lady Immaculate Catholic Primary School800 m away
- King Edward VI Grammar School, Chelmsford400 m away
- Chelmsford County High School for Girls800 m away
- St John Payne Catholic School, Chelmsford1.7 km away
More reading links
Public Transport Nearby
The closest station to Wells Crescent, Marconi Plaza, Chelmsford, CM1 1GN is Chelmsford station, which is 200 metres away.
- Chelmsford|200 m away
- Beaulieu Park|4.3 km away
- Ingatestone|9.6 km away
- Hatfield Peverel|9.9 km away
