Michaels Property Consultants Ltd says ..

Property Oracle says ..

The property located at Tey Road, Earls Colne, Colchester, CO6 2LJ is a 3 bedroom, 2 bathroom detached house with a list price of £650,000. The property is situated in a desirable location within easy reach of local amenities and transport links. The property appears to be in excellent condition, having undergone recent modernisation whilst retaining some original character features. The images show a well-maintained interior and exterior, with a modern kitchen and bathrooms. The property also benefits from a substantial garden and outdoor space, including a patio and hot tub area. This adds significantly to the overall appeal and value of the property. The average house price in the area is £553,250, with an average price per square foot of £268. While the subject property is slightly smaller than the average at 1953 sqft compared to 2058 sqft, its superior condition, extensive garden, and desirable location justify the higher list price of £650,000. Nearby comparable properties support this assessment, although a lack of sqft data for these properties makes a precise comparison challenging. The presence of a hot tub and other high-end features also contribute to the property’s value. Considering all factors, the property presents good value for money in its current market. The location is strong, the condition is excellent, and the land is a significant asset. The list price, while above the average, is supported by the property’s features and the local 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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