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According to the public record, 3, Marconi Road, Chelmsford is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Marconi Road, Chelmsford is £308,860 and the estimated rental value is £1,342 per month.
Marconi Road, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
3, Marconi Road, Chelmsford has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Marconi Road, Chelmsford is in very good condition we estimate a sale value of £324,303 and a rental value of £1,409 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,240 and a rental value of £1,248 per month.
Over the last 12 months the sale value of 3 Marconi Road Chelmsford has decreased by an estimated £4,403 (1.4%) and its rental value has increased by an estimated £39 per month (2.9%), giving an expected gross yield of 5.2%.
3, Marconi Road, Chelmsford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Sep 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Marconi Road, Chelmsford was last sold on 31st August 2017 for £315,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has dropped 22.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Marconi Road, Chelmsford within a radius of 470 metres over the last 2 years.
The most recent example is 178, Watson Heights, Chelmsford, CM1 1AP, a leasehold flat which sold for £295,000 on the 23rd March 2026.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marconi Road, Chelmsford, CM1 has a total of 85 addresses. According to our analysis of all the public data, 3, Marconi Road, Chelmsford is the 62nd largest and the 76th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in CM1.
The closest station to 3, Marconi Road, Chelmsford is Chelmsford station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Marconi Road, Chelmsford, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Marconi Road, Chelmsford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Marconi Road, Chelmsford, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Marconi Road, Chelmsford, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
