Stride and Son says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom terraced house located on Washington Street in Chichester, West Sussex. It has a plot size of 861 sqft and is listed at £375,000. The average price for properties in the area is £506,075, with an average price per sqft of £463. This property is significantly smaller than average at 498 sqft.

The property appears to be in reasonable condition, although some modernisation would likely improve its value. The kitchen and bathroom show signs of wear and tear, and the interior decor is dated. The property benefits from a small, enclosed rear garden.

The location is good, with several schools and transportation links nearby. St. Anthony’s School, rated ‘Outstanding’ by Ofsted, is within a reasonable walking distance. Chichester train station is also relatively close. However, the immediate surrounding streets show a mixed range of property values, suggesting some variability in desirability within the area.

Considering the property’s size, condition, and location, the list price of £375,000 appears to be at the lower end of the market value for similar properties in the area. While smaller than average, the presence of a garden and its proximity to amenities could justify the price. However, potential buyers should factor in the cost of modernisation and updating to maximise the property’s 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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