The listed price seems reasonably competitive given the land size and planning permission, which provides a substantial advantage. Considering the need for a new build and the relatively affordable prices in the area (compared to some of the nearby listings), the price is relatively good value. However, the lack of a current dwelling does impact its value.

Based on the provided photos, the existing property appears to be in fair condition but needs significant renovation or complete rebuilding. The shed and carport are somewhat aged but possibly functional. A new build is planned which impacts the current condition rating.

Peacehaven offers a relatively good location with proximity to local amenities such as schools and transportation links to Brighton. The presence of Meridian Community Primary School within close distance is a significant positive, appealing to families. However, the overall location might not be considered top-tier compared to more central or affluent areas. The average property prices on nearby streets also indicate a range of values, further suggesting a mid-range location score.

The property includes a plot of land large enough for a new build with a garden. While the square footage isn’t provided, the provided plans and photos suggest a reasonable-sized garden and ample space for a new dwelling.