Bellway Homes (Essex) says ..

Property Oracle says ..

The property is a 3-bedroom house located in Chelmsford, Essex, listed at £464,995. The area has an average house price of £244,515 and an average price per square foot of £257. While the property’s square footage is 345 sqft, significantly smaller than the area average of 948 sqft, this is a new build property, and the images show a modern and well-maintained interior. The kitchen and bathrooms appear to be newly fitted and in excellent condition. The property also benefits from a small rear garden visible in the images. The location is close to several schools, with varying Ofsted ratings, and is within reasonable distance of Chelmsford train station, providing access to transportation links.

Considering the smaller size compared to the area average, the list price of £464,995 appears high relative to the average price per sqft in the area. However, the new build status, modern finishes, and inclusion of a garden could justify a higher price per sqft than the area average. Nearby similar new build properties are listed at significantly higher prices, supporting the argument that the list price, while high relative to the area average, may be reasonable within the context of new build properties in this location.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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