Oakwood Avenue, CO5
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Oakwood Avenue, CO5

By Sellby Homes

£ 330,000

Reviews

3 out of 5 stars

Sellby Homes says ..

Two Bedroom Detached Bungalow, Great Potential, Newly Decorated Interior, New carpets and Flooring. Requires some modernisation to Kitchen and Shower Room. Gas supply to Property.

Property Oracle says ..

The property is a 2 bedroom detached bungalow situated on Oakwood Avenue in Mersea and Pyefleet, Colchester, Essex. The list price is £330,000. The property benefits from a garden, although from the images provided it appears to be somewhat overgrown and in need of some attention. The average price for properties in the area is £348,914, with an average price per sqft of £356. This bungalow is 680 sqft, significantly smaller than the average property size in the area. The property appears to be in reasonable condition, although some minor cosmetic improvements could be made. The kitchen and bathroom appear functional but dated. The interior is largely neutrally decorated, suggesting it is ready for a new owner to personalize. There is evidence of some recent maintenance and improvements. The property includes a conservatory and a garage. The location is relatively close to Mersea Island School (rated ‘Good’ by Ofsted), which is a positive factor for families. The proximity to Wivenhoe (8.90 KM) provides access to train services. However, further information on local amenities and transport links would be beneficial to provide a more comprehensive assessment. Considering the smaller size of the property compared to the average in the area, the condition, and the presence of a garden, the list price of £330,000 appears to be in line with or slightly below the average price for the area. However, a more detailed analysis of comparable properties, including their size and condition, would be needed to provide a definitive conclusion on the value for money.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
6
Land
5
Bedrooms
2
Bathrooms
1
Sqft (est)
680.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
343,500.00 £
Decreased by 10.23 %
from 382,656.00 £
Est sale value
204,680.00 £
Increased by 62.70 %
from 125,800.00 £
Average area rental value
1,207.00 £/mo
Decreased by 5.18 %
from 1,273.00 £/mo
Est letting value
680.00 £/mo
from 0.00 £/mo
Est rental Yield
4.22 %
Increased by 5.76 %
from 3.99 %
Crime Rate
47.00 %
Unchanged by 0.00 %
from 47.00 %

Agent Activity

  • Sellby Homes marked this listing as sold.

  • Sellby Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
Mersea Island SchoolFoundation SchoolGood0.91 KM
Langenhoe Community Primary SchoolCommunity SchoolRequires improvement5.45 KM
St Cedd'S Church Of England Primary SchoolAcademy Sponsor LedGood6.99 KM
Fingringhoe Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood7.25 KM
Cherry Tree AcademyAcademy Sponsor LedRequires improvement8.20 KM

Images

Garden 1 garden 2 garden 3 Frt Aspect Drive garage Lounge Kitchen Bed 1 Front Aspect Lounge bed 1 Bed 1 Bed 2 Hallway Hallway Kitchen Shower room

Nearby Streets

NameAverage PriceAverage SqftDistance
Windsor Road £ 135,00000.00 KM
Oakwood Drive £ 000.00 KM
Alexandra Avenue £ 725,00000.00 KM
Going's Lane £ 000.00 KM
Sanderling Approach £ 183,75000.00 KM

Nearby Transport

NameNLCTLCDistance
Wivenhoe6860WIV8.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Oakwood Avenue, CO5 £ 330,000BUY6 / 100.00 KM
Ray House, CO5 8EG £ 140,000BUY5 / 100.12 KM
Oakwood Avenue, West Mersea, CO5 8 £ 350,000BUY7 / 100.14 KM
Carrington Court, West Mersea, £ 135,000BUY6 / 100.16 KM
West Mersea, CO5 8EN £ 390,000BUY6 / 100.20 KM

Nearby Properties

AddressPriceDistance
20 Constable Close £ 245,0000.12 KM
10 Constable Close £ 178,0000.12 KM
8 Constable Close £ 189,0000.12 KM
16 Constable Close £ 112,5000.12 KM
1 Constable Close £ 239,5000.12 KM