Steven Oates says ..

Property Oracle says ..

The property is a detached house with 8 bedrooms and 8 bathrooms, spanning 3,660.24 sqft and situated on a 6,044 sqft plot. The list price is £2,650,000. Location: Broxbourne offers a good location with nearby schools such as The Broxbourne School (rated ‘Good’) and Sheredes Primary School (‘Outstanding’), both within a kilometer radius. The proximity to Broxbourne train station (1.66km) provides convenient access to London and other areas. The presence of several other well-regarded schools in the vicinity further enhances its appeal to families. The average house price in the area is significantly lower than the list price of this property, suggesting that its location contributes to its higher value. Condition: The images reveal a property in excellent condition. It appears newly built or recently renovated to a very high standard, with modern fixtures and finishes throughout. There are no visible signs of wear and tear or needing any repairs or renovations. Land: The property boasts a substantial plot size of 6,044 sqft, providing ample outdoor space, including a well-maintained lawn and patio area. This is a significant advantage compared to many properties in the area. Price: While the average house price in Broxbourne is £652,135 and the average price per sqft is £536, this property’s list price of £2,650,000 is considerably higher. However, considering the property’s superior condition, large plot size, and the number of bedrooms and bathrooms (8 each), the price may be justified within the context of the high-end market segment in this area. Nearby comparable properties on Baas Lane are listed at prices ranging from £1,295,000 to £1,495,000, indicating that this property is at the higher end of the market. The lack of sqft data for nearby properties makes a precise price per sqft comparison difficult. However, given the size, condition, and location, the price, while high, is possibly within the range of expectation for a luxury property in this area.

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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