Bowden Bradley says ..

Property Oracle says ..

The property is a 2-bedroom flat located in Trotwood, Chigwell, Essex. It has a total area of 538.15 sqft and a plot size of 535.30 sqft. The list price is £270,000. The property appears to be in good condition, with a modern kitchen and bathroom. The images show a clean and well-maintained interior. There is a small amount of outdoor space visible in the images. Considering the average price of properties in the area is £1,264,800 and the average price per sqft is £639, the list price of £270,000 for this 538.15 sqft flat seems significantly lower. However, it’s important to note that the average price and price per sqft are likely influenced by larger, more expensive properties in the area. The nearby listings show a range of prices for flats in the same area, with some properties selling for similar prices to the listed property. The proximity to local schools and transportation links is a positive factor. The property benefits from being close to Limes Farm Junior School (0.44km) which has a good Ofsted rating. Several other schools are within a reasonable distance. Transportation links are also relatively close, with several TfL Rail stations within a 5-7km radius. Given the condition of the property, its location and proximity to amenities, and the comparison to similar properties in the area, the price appears reasonable, especially considering its size. The lack of information regarding the property’s plot size and the absence of details on the condition of the building’s exterior prevent a more definitive assessment of the land and condition scores.

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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