Balch Estate Agents says ..

Property Oracle says ..

The property is located in Arbour Lane, Chelmsford, Essex, CM1 7SB. It’s a 4-bedroom, 3-bathroom house with 1,630 sqft of living space and a 0.12-acre plot. The list price is £695,000. The average house price in the area is £244,515, with an average price per sqft of £257. The property appears to be in excellent condition based on the provided photographs. The interior is modern, well-maintained, and recently renovated or updated. The kitchen and bathrooms are particularly impressive, showing high-quality fixtures and finishes. The exterior also appears well-maintained with a sizeable garden and patio area. The property benefits from a substantial garden, as shown in the photos, which is a significant advantage in the UK housing market. The size of the plot is considerably larger than average for the area. Considering the property’s excellent condition, substantial plot size, and proximity to Chelmsford city centre and local amenities (schools and transportation), the list price of £695,000 appears high relative to the average house price in the area. However, the significantly larger size and superior condition of the property compared to nearby listings justify a higher price per sqft. While the average price per sqft in the area is £257, this property’s features and condition likely command a premium. A more detailed comparative market analysis of similar properties in the immediate vicinity would be needed to definitively assess the price’s reasonableness.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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