Meadow Close, Elmstead, CO7
TE

Meadow Close, Elmstead, CO7

By Temme English

£ 215,000

Reviews

3 out of 5 stars

Temme English says ..

This charming two-bedroom detached bungalow, exclusively for over 55s, is a rare find and offers an ideal opportunity for retirement living

Property Oracle says ..

The property is a 2 bedroom detached bungalow situated in Elmstead, Essex. The asking price is £215,000. The property is located close to Elmstead Primary School (0.44km) and Market Field School (0.79km), both rated ‘Good’ by Ofsted. Alresford railway station is approximately 3.27km away, providing access to Colchester and other towns. The proximity to these amenities suggests a convenient location for families and commuters. Based on the images, the property appears to be in reasonable condition. While it is not brand new, it is well-maintained and clean, showing no obvious signs of significant disrepair. The kitchen and bathroom appear functional but could benefit from some modernisation. The property has a small garden, which is a positive feature. Considering the average house price in the area is £340,786 and the average price per square foot is £380, the listed price of £215,000 for this property seems relatively low. However, the significantly smaller size of the property (39 sqft) compared to the area average (896 sqft) needs to be taken into account. Further investigation into the reasons for the lower price would be beneficial. This could be due to factors such as the property’s age, the overall size or specific features.

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
7
Location
8
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
39.00

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
350,323.00 £
Decreased by 1.18 %
from 354,508.00 £
Est sale value
16,809.00 £
Increased by 20.73 %
from 13,923.00 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
39.00 £/mo
Unchanged by 0.00 %
from 39.00 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • Temme English created the listing.

Nearby Schools

NameTypeOfstedDistance
Elmstead Primary SchoolFoundation SchoolGood0.44 KM
Market Field SchoolAcademy Special ConverterGood0.79 KM
Millfields Primary SchoolFoundation SchoolOutstanding3.13 KM
Alresford Primary SchoolCommunity SchoolGood3.72 KM
Broomgrove Infant SchoolCommunity SchoolGood3.82 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Barley Lane £ 425,00000.00 KM
Tye Green £ 450,00000.00 KM
Lancatser Way £ 000.00 KM
Norfolk Grove £ 000.00 KM
Glebe Close £ 275,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Alresford (Essex)6847ALR3.27 KM
Wivenhoe6860WIV4.52 KM
Hythe (Essex)6851HYH6.71 KM
Great Bentley6855GRB9.16 KM
Colchester Town6853CET9.22 KM

Nearby Listings

AddressPriceTypeScoreDistance
Meadow Close, Elmstead, Colchester, CO7 £ 195,000BUY7 / 100.02 KM
Meadow Close, Elmstead, Colchester, Essex, CO7 £ 170,000BUY7 / 100.03 KM
Meadow Close, Elmstead, Essex £ 210,000BUY7 / 100.03 KM
Meadow Close, Elmstead, Colchester, Essex, CO7 £ 425,000BUY7 / 100.04 KM
Meadow Close, Colchester £ 200,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
48 Colchester Road £ 283,0000.05 KM
45 Colchester Road £ 175,0000.05 KM
46 Colchester Road £ 145,0000.05 KM
47 Colchester Road £ 199,9950.05 KM
2 Meadow Close £ 152,5000.07 KM