Fenn Wright says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located on Molrams Lane in Chelmsford, Essex. It’s listed at £475,000 and has 871.88 sqft of living space. The plot size is not specified. The property appears to be in good condition, with a recently modernised kitchen and bathroom. The images show a clean and well-maintained interior, suggesting that the property is in good order and doesn’t require significant renovation work. The garden is a good size with a hot tub and a large garden shed that has been converted into a home office/gym. The presence of a shed and hot tub adds value to the property. The location is positive. It is within easy reach of several well-regarded schools, including The Sandon School and Baddow Hall Junior and Infant Schools, all rated ‘Good’ by Ofsted. Chelmsford city centre is also relatively close, providing access to a wider range of amenities and transport links. The proximity to Chelmsford train station (5.58km) offers convenient access to other parts of the UK. Considering the average house price in the area is £377,613 and the average price per sqft is £367, the listed price of £475,000 for this property seems slightly high, especially considering the relatively small size (871.88 sqft) compared to the area average (1027 sqft). However, the good condition, the garden, and the converted shed/office could justify a premium. More information on comparable properties in the immediate vicinity with similar features would be needed to provide a more definitive assessment of the price. Based on the provided information, the property benefits from a good location, is in good condition, and offers a garden. The price, while potentially slightly above average for the area, may be justified by the property’s condition and additional features.

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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