Parkinson Drive, Chelmsford, CM1
By Balch Estate Agents
£ 195,000
Reviews
3 out of 5 stars
Balch Estate Agents says ..
Situated just over one mile from Chelmsford's city centre and being offered with the benefit of no onward chain and 165 years remaining on the lease is this spacious and beautifully presented one bedroom ground floor apartment. Accommodation is set over one level and comprises a spacious and w...
Property Oracle says ..
This property is a one-bedroom apartment located in Chelmsford, Essex. The apartment is situated on Parkinson Drive within the Waterhouse Farm area and benefits from being close to local amenities and transport links. Chelmsford railway station is approximately 1.29km away, providing convenient access to London and other parts of the UK. Several schools are also within a reasonable distance, including Our Lady Immaculate Catholic Primary School (rated ‘Good’ by Ofsted) which is approximately 0.82km away.
The apartment itself appears to be in good condition based on the provided images. The interior is modern and well-maintained, with a recently updated kitchen and bathroom. There is allocated parking.
The plot size is relatively small at 452 sqft, which is typical for an apartment of this type. The apartment’s size is 350.13 sqft.
Considering the average price per sqft in the area is £396, and this apartment is listed at £195,000, the price seems reasonable, although slightly below average. However, this is likely due to the smaller size of the property compared to the area average. Nearby comparable properties support this assessment; several one-bedroom apartments in the area are listed for similar prices.
Based on the available information, the property presents a good opportunity for a first-time buyer or investor looking for a modern, well-maintained apartment in a convenient location.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 7
- Land
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 350.13
- Lot (est)
- 452.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 448,000.00 £Increased by 19.33 %
- Est sale value
- 148,805.25 £Increased by 4.94 %
- Average area rental value
- 1,356.00 £/moDecreased by 9.48 %
- Est letting value
- 350.13 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.63 %Decreased by 24.22 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Balch Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Community College Initiative Ltd | Special Post 16 Institution | Requires improvement | 0.39 KM |
| St Cedd'S School | Other Independent School | 0.54 KM | |
| St Anne'S School | Other Independent School | 0.64 KM | |
| Our Lady Immaculate Catholic Primary School | Academy Converter | Good | 0.82 KM |
| Chelmsford College | Further Education | Good | 0.84 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Nichols Court | £ 0 | 0 | 0.00 KM |
| Upper Chase | £ 222,500 | 0 | 0.00 KM |
| London Road | £ 0 | 0 | 0.00 KM |
| London Road | £ 0 | 0 | 0.00 KM |
| Miami Roundabout | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chelmsford | 6836 | CHM | 1.29 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Parkinson Drive, Chelmsford, CM1 | £ 195,000 | BUY | 6 / 10 | 0.00 KM |
| Parkinson Drive, Chelmsford | £ 170,000 | BUY | 5 / 10 | 0.01 KM |
| Parkinson Drive, Chelmsford | £ 180,000 | BUY | 6 / 10 | 0.01 KM |
| Parkinson Drive, Chelmsford | £ 180,000 | BUY | 6 / 10 | 0.01 KM |
| Parkinson Drive, Chelmsford | £ 200,000 | BUY | 5 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 108 Parkinson Drive | £ 125,000 | 0.01 KM |
| 178 Parkinson Drive | £ 138,000 | 0.01 KM |
| 146 Parkinson Drive | £ 142,000 | 0.01 KM |
| 124 Parkinson Drive | £ 125,000 | 0.01 KM |
| 110 Parkinson Drive | £ 145,500 | 0.01 KM |