Hyman Hill says ..

Property Oracle says ..

The property is located on Buckingham Road, Shoreham-by-Sea, a town in West Sussex, England. The area benefits from being close to a mainline railway station providing links to London Victoria (approx. 70-80 minutes journey time according to nearby listing descriptions). The property is also within very close proximity (0.01km) to Buckingham Park Primary School which is rated ‘Good’ by Ofsted. This positive attribute enhances the property’s desirability for families. The presence of other well-regarded primary schools within a reasonable distance further supports this positive location aspect. The average house price in the area is significantly lower than the listing price of this property, suggesting it might be positioned at the higher end of the market for this location.

Based on the provided photographs, the property appears to be in generally good condition, although some aspects suggest it may benefit from modernisation. The interior decor is dated, and while the structure seems sound, updating the kitchen and bathrooms would likely enhance its appeal and value. The property shows signs of age but is well maintained.

The property includes a substantial garden, which is a desirable feature in the UK housing market, particularly in suburban areas. The garden appears well-maintained and offers ample space.

The list price of £850,000 is considerably higher than the average house price in the area (£367,691). However, the property’s size (3,243.94 sqft) is significantly larger than the average (1,112 sqft) and it is a detached property. Nearby comparable properties on Buckingham Road have sold for prices ranging from £440,000 to £1,180,000, indicating a wide price range for properties in this street. Considering the property’s size, location, and the presence of a garden, the list price, while high relative to the area average, falls within the range of prices observed for similar properties in the vicinity. Therefore, the price may be considered reasonable, though at the upper end of the spectrum for the area, given its size and features.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images