57, RATCLIFFE GATE, SPRINGFIELD, CHELMSFORD, CM1 6AL - £97,500

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.

57 RATCLIFFE GATE is a very small flat of 42m², built sometime between 2007 and 2011, which could now be worth an estimated £106,268. It was last sold for £97,500 in February 2020, which was around 50% below the average February 2020 flat price in the Chelmsford local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was C.

57 RATCLIFFE GATE Sold Prices

Land registry data shows one sale for 57 RATCLIFFE GATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 14 FEB	£97,500	£193,839	50% below HPI

What might 57 RATCLIFFE GATE be worth now?

57 RATCLIFFE GATE might now be worth an estimated £106,268.

This is based on house price inflation of 9%, between February 2020 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 9% inflationary increase is applied to the most recent sale price for 57 RATCLIFFE GATE of £97,500 on 14th February 2020. For the value to have increased from £97,500 to £106,268 over the five years and nine months to May 2026, the following assumptions must hold true:

• The value of 57 RATCLIFFE GATE has moved in line with the HPI for flats in the Chelmsford local authority area.
• The February 2020 sale price of £97,500 represented a fair market value for the property.
• The size, condition, and specification of 57 RATCLIFFE GATE has not materially changed since February 2020.

How Large is 57 RATCLIFFE GATE?

57 RATCLIFFE GATE is 42m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of flats in Chelmsford, based on EPC data. 13% of flats are smaller than 57 RATCLIFFE GATE, and 85% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

57 RATCLIFFE GATE: Plot

57 RATCLIFFE GATE sits on a plot of roughly 0.030 of an acre, or 123m².

Where is 57 RATCLIFFE GATE?

57 RATCLIFFE GATE is located in SPRINGFIELD, in the CM1 postcode district.