Greenwood Close, Chelmsford
Oakheart Property logo

Greenwood Close, Chelmsford

By Oakheart Property

£ 550,000

Reviews

4 out of 5 stars

Oakheart Property says ..

Nestled in a tranquil cul-de-sac, this exceedingly spacious 3-bedroom family home offers a blend of modern living and privacy. Stepping inside, you're greeted by a convenient downstairs WC to your right. Adjacent to this, discover the modern kitchen, complete with integrated appliances, that grac...

Property Oracle says ..

The property is located in Chelmer Village And Beaulieu Park, Chelmsford, Essex. Based on the provided information and images, the property appears to be in excellent condition, having undergone a significant refurbishment or extension. The kitchen and bathrooms are modern and well-appointed. The extension to the rear of the property has created a substantial open-plan living space with access to a well-maintained garden. The property benefits from a good size garden which is well landscaped and includes a decked area and a water feature. The location is within reasonable distance of Chelmsford train station (3.30 KM) providing good transport links to London and other parts of the UK. There are also several schools nearby, including Meadgate Primary School which has a ‘Good’ Ofsted rating. The proximity to schools and transport links contributes positively to the desirability of the location. Considering the property’s condition, the size of the garden, and its location, the list price of £550,000 appears to be at the higher end of the market, but not unreasonable. The average price in the area is £244,515, and the average price per sqft is £257. This property is significantly larger than the average property in the area, and its high-quality refurbishment and extension justify a higher price per sqft. However, nearby properties on Greenwood Close have sold for significantly less, suggesting that the list price may be slightly ambitious. Nearby comparable properties on streets such as Village Gate and The Leys have sold for similar prices, supporting the higher end valuation. The lack of plot size information for the comparable properties makes a definitive comparison difficult.

Therefore, we give this property 8 / 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
8
Bedrooms
3
Bathrooms
3
Sqft (est)
649.39

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
104,551.79 £
Decreased by 30.90 %
from 151,307.87 £
Average area rental value
1,131.00 £/mo
Increased by 5.60 %
from 1,071.00 £/mo
Est letting value
649.39 £/mo
Unchanged by 0.00 %
from 649.39 £/mo
Est rental Yield
9.06 %
Increased by 74.23 %
from 5.20 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Oakheart Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Che1/A Chelmsford Central Family HubChildren's Centre0.99 KM
Meadgate Primary SchoolAcademy Sponsor LedGood1.13 KM
Barnes Farm Infant SchoolAcademy Converter1.15 KM
Barnes Farm Junior SchoolAcademy Converter1.15 KM
Chelmsford Hospital SchoolOther Independent SchoolOutstanding1.42 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Buckingham Court £ 000.00 KM
Ruskin Road £ 323,33300.00 KM
Village Gate £ 550,00000.00 KM
Morris Road £ 000.00 KM
The Leys £ 512,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM3.30 KM

Nearby Listings

AddressPriceTypeScoreDistance
Beeleigh Link, Chelmer Village, Chelmsford £ 325,000BUY5 / 100.06 KM
Dolby Rise, Chelmsford, Essex, CM2 £ 650,000BUY7 / 100.12 KM
Chelmer Village - Chelmsford £ 220,000BUY5 / 100.14 KM
Dolby Rise, Chelmsford £ 650,000BUYUnknown0.15 KM
Binley Road, Chelmsford, CM2 £ 235,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
1 Greenwood Close £ 315,0000.03 KM
2 Greenwood Close £ 320,0000.03 KM
3 Greenwood Close £ 357,0000.03 KM
13 Greenwood Close £ 462,7500.03 KM
21 Greenwood Close £ 300,0000.03 KM