Greenwood Property Consultants says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom semi-detached house located in Colchester, Essex. It has a plot size of 724.41 sqft and is listed at £500,000. The average house price in the area is £332,632, with an average price per sqft of £378. This property is slightly smaller than average at 782.54 sqft. Based on the provided images, the property appears to be in good condition. It has recently undergone some modernisation, with a modern kitchen and bathroom. The property also benefits from a conservatory extension, which adds to the living space. The garden is of a reasonable size, providing ample outdoor space. The location is positive, with several schools nearby, including Hamilton Primary School which has an ‘Outstanding’ Ofsted rating. Colchester town centre is also within a reasonable distance, offering good transport links. Considering the property’s good condition, the desirable location, and the inclusion of a garden, the asking price of £500,000 seems slightly high compared to the average price per sqft in the area. However, the higher price may be justified by the property’s modernisations, the additional conservatory space and its location. Nearby comparable properties support this higher price point. More information on the specifics of the property’s condition and the size of comparable properties would allow for a more precise assessment of its value.

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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