Loftin Way, Chelmsford, Essex, CM2
BA

Loftin Way, Chelmsford, Essex, CM2

By Balgores

£ 475,000

Reviews

3 out of 5 stars

Balgores says ..

Suitated in the Heart of Moulsham Lodge is this beautifully Extended 3-Bedroom Semi-Detached family home. The ground floor has been thoughtfully extended to create a large, light-filled open-plan kitchen/dining area, ideal for entertaining or family gatherings. The contemporary kitche...

Property Oracle says ..

The property is a 3-bedroom semi-detached house located in Loftin Way, Chelmsford, Essex. It benefits from a modern extension and is presented in excellent condition throughout. The images showcase a recently renovated interior with a contemporary kitchen and bathroom. The property also has a good-sized rear garden, offering ample space for outdoor activities. The location is positive, with several highly-rated primary and secondary schools within a short distance, including Beehive Lane Community Primary School which has an ‘Outstanding’ Ofsted rating. Chelmsford train station is also relatively close, providing convenient access to London and other major towns. Given the property’s modern condition, the sizeable plot, and its proximity to good schools and transport links, the asking price of £475,000 appears reasonable, especially when compared to the average price of £244,515 for the area. While precise square footage data for comparable properties is unavailable, the property’s size of 1,242 sqft is larger than the area average of 948 sqft. The average price per sqft in the area is £257, making the property’s price per sqft competitive. The property’s modern condition and the inclusion of a garden are significant advantages in the current market. The overall presentation suggests a property ready for immediate occupation, minimizing the need for significant investment.

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

Price
7
Condition
9
Location
8
Land
7
Bedrooms
3
Bathrooms
1
Sqft (est)
1,242.00

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
149,800.00 £
Decreased by 39.37 %
from 247,091.00 £
Est sale value
199,962.00 £
Decreased by 30.90 %
from 289,386.00 £
Average area rental value
1,131.00 £/mo
Increased by 5.60 %
from 1,071.00 £/mo
Est letting value
1,242.00 £/mo
Unchanged by 0.00 %
from 1,242.00 £/mo
Est rental Yield
9.06 %
Increased by 74.23 %
from 5.20 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Balgores created the listing.

Nearby Schools

NameTypeOfstedDistance
Woodcroft Nursery SchoolLocal Authority Nursery SchoolGood0.56 KM
Great Baddow High SchoolAcademy ConverterGood0.64 KM
Larkrise Primary SchoolAcademy Sponsor LedGood0.67 KM
Beehive Lane Community Primary SchoolCommunity SchoolOutstanding1.00 KM
Meadgate Primary SchoolAcademy Sponsor LedGood1.05 KM

Images

Front Kitchen Bedroom Three Rear Garden Family Bathroom Diniing Area Living Room Rear Garden Master Bedroom Bedroom Two Kitchen Snug Front Front Rear Garden Rear Garden Bedroom Two Living Room Living Room Kitchen Play Room Entrance Hall Master Bedroom Bedroom Three Bedroom Three Living Room Dining Area Snug Utility Room Rear Garden

Nearby Streets

NameAverage PriceAverage SqftDistance
Fairway £ 000.00 KM
Yew Tree Gardens £ 000.00 KM
Wallace Crescent £ 445,00000.00 KM
Wharf Road £ 000.00 KM
Ruskin Road £ 323,33300.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM2.76 KM

Nearby Listings

AddressPriceTypeScoreDistance
Loftin Way, Chelmsford, Essex, CM2 £ 475,000BUY7 / 100.00 KM
Loftin Way, Chelmsford £ 340,000BUYUnknown0.07 KM
Beehive Lane, Chelmsford, Essex £ 425,000BUY7 / 100.09 KM
Beehive Lane, Chelmsford £ 450,000BUYUnknown0.09 KM
Beehive Lane, Chelmsford £ 425,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
81 Beehive Lane £ 395,0000.08 KM
69 Beehive Lane £ 177,0000.08 KM
75 Beehive Lane £ 217,2500.08 KM
42 Beehive Lane £ 475,0000.08 KM
99 Beehive Lane £ 213,0000.08 KM