Miles & Barr says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom bungalow located on Hillcroft Road in Herne Bay, Kent. It’s situated in the Herne & Broomfield locality of Canterbury. The list price is £500,000, and the property has 1,300 sqft of internal space and a 1,467 sqft plot. Based on the provided images, the property appears to be in excellent condition. It has undergone a significant renovation or extension, featuring a modern, open-plan kitchen/diner, updated bathrooms, and stylish décor throughout. The property benefits from a good-sized garden, with a patio area and additional outbuildings, including a shed and what appears to be a garage. The overall condition is very high, suggesting minimal need for repairs or renovations. The location in Herne Bay is desirable. The proximity to several outstanding-rated primary schools (Herne Church of England Infant and Nursery School and Herne Church of England Junior School, both within 1.2km) is a significant advantage for families. The relatively close proximity to Herne Bay train station (2.47km) provides convenient access to transport links. Considering the average house price in the area is £333,596, and the average price per sqft is £355, the list price of £500,000 for this 1,300 sqft property seems high. However, the extensive renovations, modern features, and the larger than average plot size (1,467 sqft) justify a higher price point than the average. The property’s condition and location, coupled with its desirable features, contribute to its value. While the price per sqft is significantly above average, the overall package makes it a potentially strong contender in the market. Further analysis of comparable properties with similar features and plot sizes in the immediate vicinity would provide a more definitive assessment of the price’s reasonableness.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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