David Cliff says ..

Property Oracle says ..

This property is a 2 bedroom, 2 bathroom apartment located on Wellington Road in Wokingham, Berkshire. It is listed at £390,000 and has 731 sqft of living space. The property includes a balcony.

The apartment appears to be in excellent condition based on the provided photographs. The interior is modern, clean, and well-maintained. The kitchen and bathrooms are contemporary in style and appear to be recently updated.

While the plot size is listed as 0.00 sqft, the property does have a balcony, offering some outdoor space. This is a significant positive, particularly for an apartment.

Considering the average price per sqft in the area is £451, and this property is listed at £390,000, the price appears reasonable. The average property price in the area is £535,465, significantly higher than the listing price of this apartment. The lower price point is likely due to the smaller size (731 sqft vs. 1,187 sqft average) and the fact that it is an apartment, rather than a house. Nearby comparable apartments are listed between £285,000 and £300,000, making this property’s price competitive within its market segment. The location near Wokingham town centre and its proximity to transport links further supports the reasonableness of the price.

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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