Millson Bank, Chelmer Village, Chelmsford, CM2
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Millson Bank, Chelmer Village, Chelmsford, CM2

By Bond Residential

£ 550,000

Reviews

3 out of 5 stars

Bond Residential says ..

MUCH IMPROVED DETACHED FAMILY HOME BEING SOLD WITH NO ONWARD CHAIN - the property offers an entrance hall, ground floor WC, TWO reception rooms, fitted kitchen with INTEGRATED appliances, FOUR bedrooms, TWO bathroom/shower rooms, GARAGE & driveway plus rear garden.

Property Oracle says ..

The property is located in Chelmer Village, Chelmsford, a sought-after area with good schools and transport links. The nearby Chancellor Park Primary School has an ‘Outstanding’ Ofsted rating, and Barnes Farm Junior and Infant Schools are also within close proximity. Chelmsford train station is approximately 4.72km away, providing convenient access to London and other major cities. The property itself appears to be in good condition based on the provided images. It is a four-bedroom, two-bathroom house with a relatively small garden. While the plot size is 1,506.95 sqft, the garden area appears modest in size. The list price of £550,000 is higher than the average price for the area (£244,515), but this is to be expected given the larger size (1,130.21 sqft) and number of bedrooms compared to the average property in the area. Nearby comparable properties on Millson Bank have sold for between £285,000 and £462,500, suggesting the £550,000 price is at the higher end of the market for this street, but not unreasonable given the condition and location. However, the lack of information on the property’s internal condition and features prevents a more precise assessment of value. Further information on the property’s internal features and overall condition would be needed to provide a more comprehensive price evaluation.

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
8
Location
9
Land
6
Bedrooms
4
Bathrooms
2
Sqft (est)
1,130.21
Lot (est)
1,506.95

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
181,963.81 £
Decreased by 30.90 %
from 263,338.93 £
Average area rental value
1,131.00 £/mo
Increased by 5.60 %
from 1,071.00 £/mo
Est letting value
1,130.21 £/mo
Unchanged by 0.00 %
from 1,130.21 £/mo
Est rental Yield
9.06 %
Increased by 74.23 %
from 5.20 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Bond Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Barnes Farm Junior SchoolAcademy Converter0.53 KM
Barnes Farm Infant SchoolAcademy Converter0.53 KM
Chancellor Park Primary School, ChelmsfordCommunity SchoolOutstanding0.54 KM
Che1/A Chelmsford Central Family HubChildren's Centre1.15 KM
The Bishops' Church Of England And Roman Catholic Primary SchoolVoluntary Aided SchoolGood1.64 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Portway £ 000.00 KM
Webb Close £ 000.00 KM
Hollis Lock £ 550,00000.00 KM
Village Gate £ 550,00000.00 KM
White Hart Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM4.72 KM
Hatfield Peverel6845HAP9.92 KM

Nearby Listings

AddressPriceTypeScoreDistance
Millson Bank, Chelmer Village, Chelmsford, CM2 £ 550,000BUY7 / 100.00 KM
Barlows Reach, Chelmsford, CM2 £ 565,000BUY6 / 100.06 KM
Wilkinsons Mead, Chelmsford, Essex, CM2 £ 425,000BUY7 / 100.17 KM
Wilkinsons Mead, Chelmsford £ 380,000BUY6 / 100.19 KM
Sheppard Mews, Essex £ 450,000BUY7 / 100.19 KM

Nearby Properties

AddressPriceDistance
6 Millson Bank £ 320,0000.01 KM
18 Millson Bank £ 462,5000.01 KM
7 Millson Bank £ 285,0000.01 KM
26 Millson Bank £ 460,0000.01 KM
2 Millson Bank £ 535,0000.01 KM