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56 Wallace Crescent, Chelmsford, Essex, CM2 9QN

How much is 56 Wallace Crescent, Chelmsford, Essex, CM2 9QN worth?

Estimated value — November 2026

£439,000

Likely range £356,000 – £498,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale January 1997

66%

confidence

High

Typically within 8% of the sale price

Property details

Detached house

Wallace Crescent · Chelmsford · CM2 9QN

75 m²807 sq ftFloor area
1930-1949Built
Mains gas boilerHeating

Energy performance

Current ratingD65
PotentialB82

Mains Gas (Not Community) · EPC 0929-1209-0604-3645-0300 · inspected February 2024

Address

District
Chelmsford
County
Essex
See house prices in CM2 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£200k£400k£600k20002002200420062008201020122014201620182020202220242026£439,000

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£146,078£124,634 – £167,805
2001£163,537£138,326 – £188,778
2002£205,582£172,443 – £238,043
2003£222,242£185,356 – £256,677
2004£237,998£197,540 – £274,452
2005£238,780£196,918 – £275,374
2006£253,038£206,994 – £292,758
2007£279,598£227,308 – £323,653
2008£239,032£193,192 – £277,860
2009£252,185£204,065 – £293,513
2010£264,189£213,521 – £308,634
2011£262,867£212,522 – £308,548
2012£270,738£218,935 – £317,227
2013£280,337£250,029 – £301,881
2014£317,198£280,877 – £343,016
2015£343,763£302,204 – £373,305
2016£370,629£323,453 – £404,164
2017£388,509£336,574 – £425,427
2018£394,010£338,822 – £433,240
2019£391,678£334,313 – £432,456
2020£398,727£337,781 – £442,050
2021£431,132£362,478 – £479,934
2022£458,446£382,512 – £512,423
2023£431,932£357,630 – £484,749
2024£437,069£359,090 – £492,500
2025£449,601£366,512 – £508,664
2026£439,000£356,000 – £498,000

Sale history

1996Sold
£82,000
1997Sold
+2%£83,690
2026Today — estimated
+425%£439,000

Mortgage calculator

£2,356

Estimated monthly repayment

£395,100

Loan amount

£453,110

Total interest

£848,210

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

56 Wallace Crescent, Chelmsford, Essex, CM2 9QN is a detached house on Wallace Crescent in Chelmsford, Essex. Stede's estimated value for November 2026 is £439,000. Four in five similar homes sold within their likely range when tested; for this property that range is £356,000 to £498,000. 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 72 similar homes in the same postcode sector (25%). The confidence score is 66 out of 100 (high): estimates like this one are typically within 8% of the eventual sale price.

It last sold in January 1997 for £83,690. It has 2 sales on record, the earliest in 1996. The current estimate is 425% higher than that price. The current owner has held it for about 29 years.

Its EPC energy-efficiency rating is band D (65 out of 100), with a potential of band B (82) after the recommended improvements. The certificate records a total floor area of 75 m² (807 sq ft). It was lodged in February 2024.

The modelled value is down 2% over the past year and up 3% over the past five years.

Among 10 nearby properties Stede tracks in the CM2 area, estimated values run from £393,000 to £512,000. This detached house's £439,000 sits around the middle of that range.

Common questions

How much is 56 Wallace Crescent, Chelmsford, Essex, CM2 9QN worth?

Stede estimates 56 Wallace Crescent, Chelmsford, Essex, CM2 9QN is worth £439,000 as of November 2026, within a likely range of £356,000 to £498,000. 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 56 Wallace Crescent, Chelmsford, Essex, CM2 9QN last sell?

It last sold in January 1997 for £83,690. There are 2 sales on record, the earliest in 1996.

What type of property is 56 Wallace Crescent, Chelmsford, Essex, CM2 9QN?

It is recorded as a Detached house on Wallace Crescent in the CM2 postcode area.

What is the EPC rating of 56 Wallace Crescent, Chelmsford, Essex, CM2 9QN?

56 Wallace Crescent, Chelmsford, Essex, CM2 9QN has an EPC energy-efficiency rating of band D (65 out of 100). Its potential rating after the recommended improvements is band B (82). The certificate records a floor area of 75 m² (807 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 66 out of 100 (high). Tested against real sales of similar homes, estimates like this one are typically within 8% 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 72 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 13,681 real sales of similar homes.

  • Recent price per m² in the same postcode sector, for its 75 m²£370,11550%
  • Its sale in January 1997, brought up to today with the House Price Index£477,83525%
  • 72 similar homes sold recently in the same postcode sector£536,85525%

Estimate £439,000, likely £356,000 – £498,000

Read the full methodology and data sources →