Michaels Property Consultants Ltd says ..

Property Oracle says ..

The property is located in Colchester, Essex, and is a 3-bedroom semi-detached house with 1 bathroom. The property is listed at £300,000 and has 641.42 sqft of living space and an 899.86 sqft plot size.

The location is good, with nearby primary schools rated ‘Good’ by Ofsted and a train station within walking distance. The average house price in the area is £428,040, considerably higher than the list price of this property. However, the average property size is 935 sqft, larger than the property in question.

Based on the images provided, the property appears to be in reasonable condition. While not brand new, it is well-maintained and doesn’t appear to require significant renovations. The kitchen and bathroom could benefit from some updating, but are functional. The property benefits from a garden with a shed and greenhouse. The garden is of a good size for the property type.

Considering the average price per sqft in the area is £457, and this property is listed at a price significantly below the average, despite its good location and reasonable condition, the list price of £300,000 appears to be reasonable value for money, especially considering the below average size of the property. However, it is important to note that the lack of sqft data for comparable properties makes a definitive statement on price difficult.

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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