William H. Brown says ..

Property Oracle says ..

The property is a 2 bedroom, 1 bathroom semi-detached bungalow located in Mile End, Colchester, Essex. It is listed at £350,000 and has 785 sqft of living space. The property benefits from being close to several schools, including Camulos Academy (Good Ofsted rating) and The St Aubyn Centre Education Department (Outstanding Ofsted rating), both within a kilometre. Colchester town centre is also relatively accessible with several train stations within a reasonable distance. Based on the provided images, the property appears to be in reasonable condition. The interior is dated but well-maintained, suggesting it may benefit from some modernisation, but is not in need of significant renovation. The exterior is tidy with a well-maintained garden and double garage. The list price of £350,000 seems relatively reasonable considering the average price of properties in the area (£428,040). However, the average property size in the area (935 sqft) is larger than the subject property (785 sqft). The average price per sqft in the area is £457, making the price per sqft for this property slightly lower. The presence of a garden and double garage adds value, and the proximity to good schools and transport links also contributes to its desirability. Further analysis of comparable properties on Remus Close would provide a more precise assessment of the price. The lack of sqft data for comparable properties makes a definitive price comparison challenging.

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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