diggins & co says ..

Property Oracle says ..

The property is a 2 bedroom bungalow located on The Chase in Rayleigh, Essex. The list price is £550,000. The property is 1,231.28 sqft and has a sizeable garden. Based on the images provided, the property appears to be well-maintained and in good condition, with a modern kitchen and updated bathroom. The flooring throughout appears to be recently installed. The property benefits from a good-sized garden.

The average house price in the area is £458,408, with an average price per sqft of £424. While the list price of this property is higher than the average, the larger size (1231.28 sqft vs 1079 sqft average) and the apparent good condition justify the higher price. The inclusion of a substantial garden also adds value. Nearby properties on The Chase have sold for prices ranging from £118,000 to £385,000, although sqft data is missing for these comparables. The presence of nearby schools and transportation links further enhances the property’s desirability.

Considering the property’s condition, location, and features, the asking price appears reasonable within the context of the Rayleigh market.

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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