Sheridans says ..

Property Oracle says ..

The property is a 5 bedroom, 2 bathroom detached house situated in Pakenham, Suffolk. The asking price is £700,000. The property is a period property, which is evident from the exposed beams and traditional features visible throughout the house. It appears to be well-maintained, although some areas may benefit from modernisation. The kitchen, in particular, shows signs of recent updating, while other areas retain their original character. The property benefits from a substantial garden, including outbuildings. The size of the plot is not specified, however, the images show a sizeable area of lawn and outbuildings. Pakenham is a small village in West Suffolk. The nearby listings show a range of prices, suggesting some variability in property values within the village. The average house price in the area is significantly lower than the listing price of this property, at £234,748. However, this average may not be fully representative, given the lack of sqft data for most nearby listings. The average price per square foot in the area is £278. Considering the size of this property (2,023.62 sqft), a comparable price might be expected to be around £562,000 (£278 x 2,023.62). The asking price of £700,000 is therefore considerably higher than this estimate. This may be justified by the property’s period features, size, and the substantial garden. However, further investigation into comparable properties in the area is recommended to confirm the value. The proximity to Thurston Community College (rated ‘Good’ by Ofsted) is a positive factor for families. The distance to other amenities such as shops and transportation links would require further investigation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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