Michael Jones & Symonds Reading says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom bungalow located in Ferring, West Sussex. It boasts a sizable plot of 2,352.99 sqft and a total area of 1,807.26 sqft. The images reveal a recently renovated property, presented in excellent condition with a modern, bright interior. The kitchen and bathrooms appear to be newly fitted, and the overall aesthetic is contemporary. The property benefits from a substantial garden with direct sea views, a significant feature impacting its desirability and value.

The location in Ferring, a coastal town, is likely to be highly sought-after, especially given the proximity to the beach and the relatively short distances to nearby towns and transport links. The presence of several schools within a reasonable distance further enhances its family appeal. However, without specific details on the quality of local amenities or the specifics of the schools, a complete assessment of location is limited.

The property’s list price of £1,495,000 is considerably higher than the average house price in the area (£761,083). However, the significantly larger plot size and the modern, renovated condition of the property, coupled with the stunning sea views, justify a higher price point. Considering the average price per sqft in the area is £597, and this property is larger than average, the price seems more reasonable when these factors are taken into account. Further analysis would benefit from comparable sales data for similar properties in the immediate vicinity to provide a more precise price valuation.

Based on the provided information and images, the property is in excellent condition, has a large plot, and enjoys a desirable location. The price, while high compared to the area average, is potentially justified by the property’s features and condition.

Therefore, we give this property 9 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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