Stephen Lane says ..

Property Oracle says ..

The property is a 3 bedroom bungalow situated on Thames Road, Canvey Island, Essex. The bungalow is on the market for £375,000. The property appears to be in need of modernisation. Whilst the kitchen has been updated, the rest of the property shows its age and would benefit from a refurbishment to bring it up to modern standards. The carpets and wallpaper are dated, and the bathroom appears tired. The property benefits from a garden and greenhouse. Considering the average house price in the area is £361,021 and the average price per sqft is £379, this property, at £375,000 for 850 sqft, is priced slightly above average per sqft. However, given the need for modernisation, the price may be considered reasonable, especially considering the inclusion of a garden. The nearby properties for sale provide a range of prices and types, however, the lack of sqft information for these properties makes it difficult to make a direct comparison. The proximity to schools and transportation links could also be considered as a positive influence on 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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