New Writtle Street, Chelmsford
KI

New Writtle Street, Chelmsford

By Kiln and Lodge Estates

£ 230,000

Reviews

3 out of 5 stars

Kiln and Lodge Estates says ..

We absolutely love this one bedroom apartment that was built in 2020. This would be an ideal choice for first time buyers looking to get onto the property ladder or for those looking to downsize. The property offers a high specification fitted kitchen, a luxurious shower room, double bedroom an...

Property Oracle says ..

The property is located on New Writtle Street in Chelmsford, Essex. It is a 1-bedroom, 1-bathroom flat with a total area of 409.03 sqft. The property is listed for £230,000. The property appears to be in excellent condition based on the provided images. The kitchen and bathroom are modern and well-maintained. The living area is also in good condition. There is no evidence of any significant repairs or renovations being required. The property does not appear to have any land associated with it. The plot size is listed as 0.00 sqft. Considering the average price per sqft in the area is £408.00, and the property is listed at £230,000 for 409.03 sqft, the price per sqft is approximately £562. This is significantly higher than the average price per sqft in the area. However, the location is convenient, close to Chelmsford city centre and benefits from being near transport links and schools. The lack of land and smaller size of the property compared to the average in the area may justify the higher price per sqft. Further investigation into comparable properties in the immediate vicinity would be needed to definitively assess the value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
10
Location
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
409.03

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
265,556.00 £
Decreased by 26.45 %
from 361,050.00 £
Est sale value
192,244.10 £
Increased by 24.67 %
from 154,204.31 £
Average area rental value
1,429.00 £/mo
Increased by 5.77 %
from 1,351.00 £/mo
Est letting value
818.06 £/mo
Increased by 100.00 %
from 409.03 £/mo
Est rental Yield
6.46 %
Increased by 43.88 %
from 4.49 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Kiln and Lodge Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Our Lady Immaculate Catholic Primary SchoolAcademy ConverterGood0.19 KM
St Anne'S SchoolOther Independent School0.40 KM
St Cedd'S SchoolOther Independent School0.51 KM
Oaklands Infant SchoolAcademy Converter0.58 KM
Chelmsford CollegeFurther EducationGood0.64 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Godfrey Mews £ 180,00000.00 KM
Victoria Road South £ 325,00000.00 KM
Market Road £ 335,00000.00 KM
Grays Brewery Yard £ 000.00 KM
Railway Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM0.68 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Writtle Street, Chelmsford £ 230,000BUY6 / 100.00 KM
Bailey Court, New Writtle Street, Chelmsford £ 315,000BUY6 / 100.03 KM
Bailey Court, New Writtle Street, Chelmsford £ 210,000BUY6 / 100.03 KM
New Writtle Street, Chelmsford £ 600,000BUY7 / 100.04 KM
New Writtle Street, Chelmsford, Essex, CM2 £ 315,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
3 Hayes Close £ 150,0000.05 KM
22 Hayes Close £ 123,5000.05 KM
19 Hayes Close £ 150,0000.05 KM
34 Hayes Close £ 275,0000.05 KM
10 Hayes Close £ 153,0000.05 KM