18, STANLEY RISE, SPRINGFIELD, CHELMSFORD, CM2 6PL - £190,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 STANLEY RISE is a very small flat of 37m², built sometime between 2003 and 2006, which could now be worth an estimated £189,017. It was last sold for £190,000 in November 2024, which was around 11% below the average November 2024 flat price in the Chelmsford local authority area. The most recent EPC inspection was June 2024, where the current energy rating was B, and the potential energy rating was B.

18 STANLEY RISE Sold Prices

Land registry data shows four sales for 18 STANLEY RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. Most of the four 18 STANLEY RISE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 18 NOV	£190,000	£212,369	11% below HPI
2004 28 MAY	£134,995	£123,050	10% above HPI
2000 30 JUN	£69,995	£64,745	8% above HPI
1995 27 NOV	£44,000	£39,284	12% above HPI

What might 18 STANLEY RISE be worth now?

18 STANLEY RISE might now be worth an estimated £189,017.

This is based on house price deflation of 0.5%, between November 2024 and May 2026, for flats, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% deflationary decrease is applied to the most recent sale price for 18 STANLEY RISE of £190,000 on 18th November 2024. For the value to have decreased from £190,000 to £189,017 over the two years and six months to May 2026, the following assumptions must hold true:

• The value of 18 STANLEY RISE has moved in line with the HPI for flats in the Chelmsford local authority area.
• The November 2024 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 18 STANLEY RISE has not materially changed since November 2024.

How Large is 18 STANLEY RISE?

18 STANLEY RISE is 37m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of flats in Chelmsford, based on EPC data. 6% of flats are smaller than 18 STANLEY RISE, and 93% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

18 STANLEY RISE: Plot

18 STANLEY RISE sits on a plot of roughly 2.1 acres, or 8,355m².

Where is 18 STANLEY RISE?

18 STANLEY RISE is located in SPRINGFIELD, in the CM2 postcode district.