Spence Willard says ..

Property Oracle says ..

The property is located in Fishbourne, Isle of Wight, a coastal village with a charming atmosphere. The area benefits from proximity to the beach, Quarr Abbey, a local pub, and the Fishbourne ferry, providing convenient access to the mainland. Several nearby listings show a range of prices, suggesting some variability in property values within the area. The presence of nearby schools, including Binstead Primary School and Wootton Community Primary School, both rated ‘Good’ by Ofsted, adds to the family-friendly appeal of the location. The relatively close proximity to Ryde, with its train station providing links to the mainland via the Island Line, further enhances the property’s accessibility. Based on the provided photographs, the property appears to be in reasonable condition, although some modernisation may be desirable. The property shows its age in certain areas, particularly in the kitchen and bathrooms. The overall structure seems sound, and the property benefits from a beautiful waterfront location. However, a full inspection would be recommended to assess the condition accurately. The property’s plot size is listed as 0.00 sqft, which indicates a lack of significant garden space. While the property has some land immediately surrounding it, it’s not extensive. The photos show a small garden area to the rear of the property, which is directly adjacent to the water. Considering the list price of £1,175,000, the average house price in the area of £312,000, and the average price per sqft of £252, this property’s price appears significantly higher than the average. However, the unique waterfront location and the relatively large size (2,998.83 sqft) may justify the higher price. A detailed comparison with similar properties in the immediate vicinity, taking into account their condition, size, and proximity to the water, would be necessary to determine the true value. The lack of plot size information for comparable properties makes a precise price comparison difficult. The higher-priced nearby properties on Fishbourne Lane support the higher price point, but further investigation into their specific features is needed for a proper comparison.

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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