McGowan Housing says ..

Property Oracle says ..

The property is a two-bedroom apartment located in Siloam Place, Ipswich. The apartment appears to be in reasonable condition, although some minor cosmetic updates might enhance its appeal. The kitchen and bathrooms show signs of wear and tear, suggesting the need for some maintenance or refurbishment. The location is convenient, with proximity to the main line railway station and various amenities. The presence of nearby schools, including St Helen’s Primary School (rated ‘Good’ by Ofsted), is a positive factor for families. However, the lack of information regarding the property’s plot size prevents a comprehensive assessment of the land aspect. Considering the list price of £145,000, and comparing it to similar properties in the area (ranging from £111,000 to £135,000), the price appears to be at the higher end of the market range for comparable properties. The average price in the area is £211,285, and the average price per square foot is £241. However, without the square footage of the subject property, a definitive price-per-square-foot comparison cannot be made. The lack of information regarding the property’s size makes it challenging to determine if the list price represents good value.

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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