24, STANLEY RISE, SPRINGFIELD, CHELMSFORD, CM2 6PL - £227,000

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.

24 STANLEY RISE is a midsized flat of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £229,536. It was last sold for £227,000 in December 2023, which was around 9% above the average December 2023 flat price in the Chelmsford local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

24 STANLEY RISE Sold Prices

Land registry data shows two sales for 24 STANLEY RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. Both of the two 24 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
2023 18 DEC	£227,000	£208,936	9% above HPI
2002 29 NOV	£120,000	£100,794	19% above HPI

What might 24 STANLEY RISE be worth now?

24 STANLEY RISE might now be worth an estimated £229,536.

This is based on house price inflation of 1.1%, between December 2023 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 1.1% inflationary increase is applied to the most recent sale price for 24 STANLEY RISE of £227,000 on 18th December 2023. For the value to have increased from £227,000 to £229,536 over the three years and seven months to May 2026, the following assumptions must hold true:

• The value of 24 STANLEY RISE has moved in line with the HPI for flats in the Chelmsford local authority area.
• The December 2023 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 24 STANLEY RISE has not materially changed since December 2023.

How Large is 24 STANLEY RISE?

24 STANLEY RISE is 56m² according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of flats in Chelmsford, based on EPC data. 52% of flats are smaller than 24 STANLEY RISE, and 45% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

24 STANLEY RISE: Plot

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

Where is 24 STANLEY RISE?

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