Hammond & Smith says ..

Property Oracle says ..

The property is a two-bedroom apartment listed at £290,000. The apartment is located in Blenheim Square, North Weald, which is in the Epping Forest district of Essex. Nearby listings show a range of prices, with apartments similar in size selling for between £182,500 and £315,000. Terraced houses in the area command significantly higher prices, ranging from £400,000 to £525,000. This suggests that the listed price of £290,000 is at the higher end of the market for apartments in this location.

The apartment appears to be in good condition based on the provided images. The interior is modern and well-maintained, with a recently updated kitchen and bathroom. There is also a private balcony. The external appearance of the building is also well maintained.

The property does not appear to have a significant amount of land associated with it. It is an apartment within a larger development, so the plot size is minimal.

Considering the apartment’s condition, location, and lack of land, the listed price of £290,000 appears to be slightly above average for a similar property in the area. However, the higher price may be justified by the modern condition of the apartment and its desirable location. The average price per square foot in the area is £367, while this property is listed at approximately £458 per square foot. This is significantly higher than the average, suggesting a premium is being asked given the property’s condition and location. The proximity to local schools such as St Andrew’s Cofe Primary School (rated ‘Good’ by Ofsted) and relatively easy access to Harlow Mill train station via car may contribute to the higher price.

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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