Palmer & Partners says ..

Property Oracle says ..

The property is a 2 bedroom, 1 bathroom terraced house located in Broomfield, Chelmsford. It is listed at £290,000 and has a plot size of 586.63 sqft. The property appears to be in good condition and benefits from a small, enclosed rear garden with a shed. The kitchen and bathroom have been recently updated. The location is good, with Broomfield Primary School (rated ‘Good’ by Ofsted) within a short distance (0.71km). Chelmsford city centre is also relatively close by, offering access to a wider range of amenities and transport links including Chelmsford train station (2.58km). Considering the average price per sqft in the area is £430, and the property is 560.18 sqft, a reasonable expectation might be around £240,000. However, the listed price of £290,000 reflects the current market conditions and the desirability of the location. The property is smaller than the average size for the area (560 sqft vs 1300 sqft), but this is compensated for by the relatively low price compared to other properties in the area. The relatively low price compared to other properties in the area may be due to the smaller size of the property. Based on the provided information, the property appears to be a reasonable value for money, particularly considering its location and condition.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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