Beresfords says ..

Property Oracle says ..

Location: The property is located in Chelmsford, Essex, CM2 8XW. Chelmsford is a popular and well-connected city in Essex, with good transport links via the Greater Anglia train line (2.80 KM away). The proximity to several schools, including Beehive Lane Community Primary School (rated Outstanding), Mildmay Junior School, and Moulsham High School, adds to its family-friendly appeal. The area appears desirable, based on the nearby streets’ average prices, although more detailed information on the immediate vicinity would be beneficial for a complete assessment.

Condition: Based on the provided images, the property appears to be in excellent condition. It has undergone a significant and high-quality renovation or extension, featuring a modern, updated kitchen and bathroom. The interior finishes and fixtures are contemporary and well-maintained.

Land: The property includes a garden, which is visible in the provided images. The size is not specified, but it appears to be of reasonable size for a semi-detached property.

Price: The list price is £550,000. Considering the average price in the area is £244,515 and the average price per sqft is £257, this property’s price is significantly higher. However, the extensive renovation and modern features justify a premium. Nearby comparable properties (SEMIs) are listed between £350,000 and £525,000, with sqft data missing for comparison. The property’s size (1384.10 sqft) is larger than the area average (948 sqft), but without plot size information and detailed comparable sales data, a definitive conclusion on price reasonableness cannot be reached. Further investigation into recent local sales of similarly renovated properties is needed for a complete price analysis.

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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