King & Chasemore says ..

Property Oracle says ..

The property is a 2 bedroom, 1 bathroom terraced house located on Murina Avenue, Bognor Regis. It’s situated in the Orchard locality of Arun, West Sussex, with a PO21 2DS postcode. The property is listed at £285,000 and has 739.48 sqft of internal space and a 931.08 sqft plot.

The property appears to be in good condition, with a recently updated bathroom and a well-maintained garden. The interior is presented in a clean and tidy manner, suggesting that it has been well cared for. The kitchen appears functional but may benefit from some modernisation. The property benefits from a good-sized garden, which is a desirable feature for many buyers.

The location is close to several schools, including Bognor Regis Nursery School (Outstanding Ofsted rating) and South Bersted Cofe Primary School (Good Ofsted rating), both within a short distance. Bognor Regis train station is also conveniently located approximately 0.72km away, offering good transport links.

Considering the average house price in the area is significantly higher (£761,083) and the average price per sqft is £597, the asking price of £285,000 for this 739.48 sqft property seems relatively reasonable, especially given its good condition and the inclusion of a garden. However, nearby comparable properties on Murina Avenue have sold for prices ranging from £245,000 to £365,000, suggesting some price variation depending on size and specific features. The lack of sqft data for several nearby listings makes a precise comparison challenging. The relatively lower price compared to the area average may be due to the smaller size of the property compared to the area average.

Based on the provided information, the property presents a reasonable value proposition, considering its condition, location, and plot size.

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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