Lanes says ..

Property Oracle says ..

This property is a 3-bedroom end of terrace house located in Cheshunt, Hertfordshire. The list price is £350,000, and the property is 795 sqft. The property requires significant renovation. Walls are damaged, and the kitchen and bathroom are outdated and in need of complete refurbishment. The garden is overgrown and neglected. While the property has a garden, its current state detracts from its value. The house shows signs of age, but it is not clear if it is a period property or simply in need of modernisation. The average house price in the area is £491,106, considerably higher than the list price. However, the average size is 1262 sqft, significantly larger than this property. The average price per sqft is £389. This property, at £350,000 for 795 sqft, works out to approximately £440 per sqft which is higher than the average price per sqft in the area. However, given the property’s condition, the list price may be considered reasonable, as a significant amount of renovation will be required. The nearby properties on Ripley Way show a range of prices, with some significantly lower than the list price and others significantly higher. This suggests that the list price is within the range of prices for properties on this street, but the condition of the property needs to be factored into the valuation. The location has some positive aspects, with several schools and transportation links within a reasonable distance. However, the proximity to these amenities needs further investigation to determine if the location is truly desirable.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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