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18 Mearns Place, Chelmsford, Essex, CM2 6TT

How much is 18 Mearns Place, Chelmsford, Essex, CM2 6TT worth?

Estimated value — November 2026

£131,000

Likely range £91,000 – £178,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale January 1996

36%

confidence

Low

Typically within 16% of the sale price

Property details

Flat / Maisonette

Mearns Place · Chelmsford · CM2 6TT

26 m²280 sq ftFloor area
1976-1982Built
Electric storage heatersHeating

Energy performance

Current ratingC71
PotentialC79

Electricity (Not Community) · EPC 0354-2883-7267-9408-4905 · inspected June 2018

Address

District
Chelmsford
County
Essex
See house prices in CM2 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£50k£100k£150k£200k20002002200420062008201020122014201620182020202220242026£131,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£37,244£30,815 – £44,341
2001£43,418£35,452 – £52,167
2002£56,926£45,994 – £68,647
2003£64,462£51,578 – £78,094
2004£72,875£57,643 – £88,830
2005£74,838£58,407 – £92,058
2006£79,273£61,160 – £98,148
2007£87,618£66,840 – £109,565
2008£73,983£56,230 – £93,174
2009£76,578£57,834 – £97,355
2010£77,426£58,200 – £99,456
2011£76,989£57,592 – £99,309
2012£79,471£66,049 – £95,242
2013£82,844£68,025 – £100,256
2014£94,526£76,673 – £115,503
2015£101,935£81,665 – £125,752
2016£112,363£88,898 – £139,934
2017£119,506£93,356 – £150,232
2018£119,859£92,435 – £152,082
2019£118,464£90,177 – £151,702
2020£117,730£88,443 – £152,143
2021£128,134£94,979 – £167,091
2022£136,874£100,091 – £180,094
2023£129,966£93,742 – £172,529
2024£132,336£94,130 – £177,228
2025£135,033£94,700 – £182,424
2026£131,000£91,000 – £178,000

Sale history

1996Sold
£20,000
2026Today — estimated
+555%£131,000

Mortgage calculator

£703

Estimated monthly repayment

£117,900

Loan amount

£135,210

Total interest

£253,110

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

18 Mearns Place, Chelmsford, Essex, CM2 6TT is a flat on Mearns Place in Chelmsford, Essex. Stede's estimated value for November 2026 is £131,000. Four in five similar homes sold within their likely range when tested; for this property that range is £91,000 to £178,000. It combines their price per m² applied to its floor area (50%), its own last sale brought up to date with the House Price Index (25%) and recent sales of 127 similar homes in the same postcode sector (25%). The confidence score is 36 out of 100 (low): estimates like this one are typically within 16% of the eventual sale price.

It last sold in January 1996 for £20,000. The current estimate is 555% higher than that price. The current owner has held it for about 30 years.

Its EPC energy-efficiency rating is band C (71 out of 100). The certificate records a total floor area of 26 m² (280 sq ft). It was lodged in June 2018.

The modelled value is down 2% over the past year and up 2% over the past five years.

Among 10 nearby properties Stede tracks in the CM2 area, estimated values run from £113,000 to £440,000. This flat's £131,000 sits around the middle of that range.

Common questions

How much is 18 Mearns Place, Chelmsford, Essex, CM2 6TT worth?

Stede estimates 18 Mearns Place, Chelmsford, Essex, CM2 6TT is worth £131,000 as of November 2026, within a likely range of £91,000 to £178,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 18 Mearns Place, Chelmsford, Essex, CM2 6TT last sell?

It last sold in January 1996 for £20,000.

What type of property is 18 Mearns Place, Chelmsford, Essex, CM2 6TT?

It is recorded as a Flat / Maisonette on Mearns Place in the CM2 postcode area.

What is the EPC rating of 18 Mearns Place, Chelmsford, Essex, CM2 6TT?

18 Mearns Place, Chelmsford, Essex, CM2 6TT has an EPC energy-efficiency rating of band C (71 out of 100). The certificate records a floor area of 26 m² (280 sq ft). EPC data is published by the Ministry of Housing, Communities & Local Government and reflects the most recent certificate on record.

How reliable is this estimate?

The confidence score is 36 out of 100 (low). Tested against real sales of similar homes, estimates like this one are typically within 16% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines their price per m² applied to its floor area (50%), its own last sale brought up to date with the House Price Index (25%) and recent sales of 127 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 3,071 real sales of similar homes.

  • Recent price per m² in the same postcode sector, for its 26 m²£101,94750%
  • Its sale in January 1996, brought up to today with the House Price Index£99,16325%
  • 127 similar homes sold recently in the same postcode sector£222,30025%

Estimate £131,000, likely £91,000 – £178,000

Read the full methodology and data sources →