Elliott James - Prime Residential says ..

Property Oracle says ..

The property is a newly built one-bedroom apartment located in Loughton, Essex. The apartment appears to be in excellent condition, with modern fixtures and finishes. The photos show a bright and spacious interior with a contemporary design. While the plot size is small, there is a small garden area visible in the provided images. The list price of £445,000 is significantly lower than the average price of £802,500 for the area, and also lower than the average price per square foot. However, it is important to note that the average property size in the area is considerably larger (1270 sqft vs 548 sqft). The property’s location in Loughton offers proximity to transport links and local amenities, which is a positive factor. Considering the condition, location, and size, the price may represent good value for a smaller property in a desirable area.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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