Mackenzie Sampson Estate Agents Ltd says ..

Property Oracle says ..

The property is a 2 bedroom, 1 bathroom semi-detached house located on Coldthorn Lane in Hailsham, East Sussex. The property sits on a plot of 1,273.69 sqft and has a total area of 1,237.78 sqft. The list price is £490,000. The property appears to be a traditional property which has had some modernisation. It benefits from a garden and outbuildings including a garage and shed. The location is rural, and while it has a degree of seclusion, it is within reasonable distance of Hailsham town centre and also benefits from relatively easy access to the railway station at Polegate. The area has a good selection of schools nearby, including several rated as ‘Good’ by Ofsted. While the property shows some signs of age, it appears to be well maintained and in good condition. The kitchen has been recently updated. The property benefits from a conservatory and a fireplace. Considering the average price per sqft in the area is £764.00, and the average house price is £1,254,259, the asking price of £490,000 for this 1,237.78 sqft property seems reasonable, especially considering the land and outbuildings. However, it’s important to note that the average house price is significantly higher than the list price, suggesting that this property may be undervalued compared to the broader market. Further investigation into comparable properties in the immediate vicinity would be beneficial to confirm this.

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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