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 %
- Est sale value
- 199,962.00 £Decreased by 30.90 %
- Average area rental value
- 1,131.00 £/moIncreased by 5.60 %
- Est letting value
- 1,242.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 9.06 %Increased by 74.23 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Balgores created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Woodcroft Nursery School | Local Authority Nursery School | Good | 0.56 KM |
| Great Baddow High School | Academy Converter | Good | 0.64 KM |
| Larkrise Primary School | Academy Sponsor Led | Good | 0.67 KM |
| Beehive Lane Community Primary School | Community School | Outstanding | 1.00 KM |
| Meadgate Primary School | Academy Sponsor Led | Good | 1.05 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Fairway | £ 0 | 0 | 0.00 KM |
| Yew Tree Gardens | £ 0 | 0 | 0.00 KM |
| Wallace Crescent | £ 445,000 | 0 | 0.00 KM |
| Wharf Road | £ 0 | 0 | 0.00 KM |
| Ruskin Road | £ 323,333 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chelmsford | 6836 | CHM | 2.76 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Loftin Way, Chelmsford, Essex, CM2 | £ 475,000 | BUY | 7 / 10 | 0.00 KM |
| Loftin Way, Chelmsford | £ 340,000 | BUY | Unknown | 0.07 KM |
| Beehive Lane, Chelmsford, Essex | £ 425,000 | BUY | 7 / 10 | 0.09 KM |
| Beehive Lane, Chelmsford | £ 450,000 | BUY | Unknown | 0.09 KM |
| Beehive Lane, Chelmsford | £ 425,000 | BUY | 7 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 81 Beehive Lane | £ 395,000 | 0.08 KM |
| 69 Beehive Lane | £ 177,000 | 0.08 KM |
| 75 Beehive Lane | £ 217,250 | 0.08 KM |
| 42 Beehive Lane | £ 475,000 | 0.08 KM |
| 99 Beehive Lane | £ 213,000 | 0.08 KM |