Spencer & Leigh says ..

Property Oracle says ..

The property is a semi-detached bungalow located in Patcham, Brighton, East Sussex. The area has a good selection of nearby schools, including Carden Nursery and Primary School (rated ‘Good’ by Ofsted), Patcham Junior School (‘Good’), Patcham High School (‘Good’), and Patcham Infant School (‘Outstanding’). Several train stations are within a reasonable distance, offering convenient transportation links. Based on the provided images, the property appears to be in generally good condition, although some minor cosmetic updates might enhance its appeal. The kitchen and bathroom seem functional but could benefit from some modernisation. The property includes a garden, which adds to its value. Considering the list price of £400,000, the average price in the area is significantly higher at £578,684, and the average price per square foot is £487. The property’s size of 779.73 sqft is considerably smaller than the area average of 1188 sqft. While the list price is below the area average, the smaller size and the need for some modernisation might justify the lower price point compared to larger, more modern properties in the area. However, comparable properties on Eskbank Avenue have sold for prices ranging from £120,000 to £451,000, indicating a wide price range for properties in this street. Therefore, the list price of £400,000 falls within this spectrum and may be considered reasonable, although further investigation into the specific condition and features of comparable sales would be beneficial to determine a more precise market 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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