Oakheart Property says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom detached house located on De Vere Road in Colchester, Essex. The list price is £800,000, and the property has 1,633.10 sqft of living space and a plot size of 1,905.21 sqft. The images show a recently renovated property which appears to be in excellent condition with a modern kitchen and updated bathrooms. There is also a substantial garden and a detached garage. The property benefits from being close to highly-rated schools such as Prettygate Infant School and St Teresa’s Catholic Primary School, both within a kilometer. Colchester town centre and train station are also within reasonable commuting distance.

Considering the average house price in the area is £348,914 and the average price per sqft is £356, the list price of £800,000 for this property appears high compared to the average. However, this property is significantly larger than the average (1,633.10 sqft vs 979 sqft) and has undergone extensive renovations, as shown in the images, resulting in a modern, high-quality finish. The inclusion of a large garden and detached garage also adds to the property’s value. While the nearby properties on De Vere Road are semi-detached and considerably cheaper, they lack the size, modern updates, and garden space of this property. Therefore, while the list price is above average, it is likely justified given the property’s condition, size, features, and location.

The property’s location in Prettygate, Colchester, is advantageous due to its proximity to good schools and transport links. The large garden is a desirable feature, adding to the overall appeal and value of the property.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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