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New Road, Broomfield, Chelmsford CM1

East of England

£350,000

Listed on 30/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
861 sqft

Description

This property is strategically located just off Main Road, adjacent to the highly regarded Broomfield Primary School, making it an appealing choice for families. With local shops, parks, and essential amenities all within close proximity, this home offers excellent transport links to Chelmsford City Centre and London. While the property boasts a generous living space with a practical layout and contemporary décor, there remains potential for further enhancements or reconfigurations to suit personal tastes or increase value. Its prime location and well-maintained condition make this residence an attractive option for buyers looking to invest in a family-friendly area.

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Investment analysis

(CM1 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£407/sq ft
Area Average
£412/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£390,205
10% above area average per sq ft
Potential ROI
+5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +3.3%
5 year growth: +5.3%
Investment Disclaimer: Analysis based on CM1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

New Road, Broomfield, Chelmsford CM1
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Price History

-17.6% since listed
£350,000£25,000(-6.7%)
30/06/2026
Current price
£375,000£25,000(-6.3%)
01/06/2026
£400,000£25,000(-5.9%)
04/05/2026
£425,000Initial listing
31/03/2026

Next Steps

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