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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Wicks Place, Chelmsford is £237,561 and the estimated rental value is £1,227 per month.
Wicks Place, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
7, Wicks Place, Chelmsford has 4 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 7, Wicks Place, Chelmsford is in very good condition we estimate a sale value of £249,439 and a rental value of £1,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,932 and a rental value of £1,141 per month.
Over the last 12 months the sale value of 7 Wicks Place Chelmsford has decreased by an estimated £3,387 (1.4%) and its rental value has increased by an estimated £36 per month (2.9%), giving an expected gross yield of 6.2%.
7, Wicks Place, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Wicks Place, Chelmsford was last sold on 31st August 2022 for £252,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since August 2022, the market for similar properties has dropped 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Wicks Place, Chelmsford within a radius of 370 metres over the last 2 years.
The most recent example is 8, Wicks Place, Chelmsford, CM1 2GH, a leasehold flat which sold for £227,500 on the 19th December 2025.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wicks Place, Chelmsford, CM1 has a total of 27 addresses. According to our analysis of all the public data, 7, Wicks Place, Chelmsford is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in CM1.
The closest station to 7, Wicks Place, Chelmsford is Chelmsford station which is 300 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Wicks Place, 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 7, Wicks Place, 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 7, Wicks Place, 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 7, Wicks Place, 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.