haart says ..

Property Oracle says ..

The property is a 2-bedroom terraced house located in South Ockendon, Essex, with a list price of £280,000. The property has 658.80 sqft of living space and a small garden. It is conveniently located near Ockendon train station (0.38km), providing easy access to c2c rail services. Several primary schools with “Good” Ofsted ratings are within a 1.5km radius.

Based on the images, the property appears to be in generally good condition, though some modernisation might enhance its appeal. The décor is dated, but the structure and fixtures seem well-maintained. The kitchen and bathroom appear functional, though an update could increase their value. The presence of a small garden is a positive aspect, offering some outdoor space.

Compared to the average property price of £362,595 and average price per sqft of £322 in the area, the list price of £280,000 for this 658.80 sqft property seems relatively low. However, this needs to be considered in the context of the other properties in the area. Nearby properties on Viola Close have sold for prices ranging from £35,000 to £300,000, indicating a significant price variation. The lack of sqft information for these comparable properties makes a precise comparison challenging. The lower price may reflect the dated interior or the smaller plot size compared to the area average.

The property’s location is positive, with proximity to transport links and schools. The condition is acceptable, though modernisation would improve its value. The land is limited to a small garden. The price, while lower than the area average, requires careful consideration of the comparable properties and their respective sizes.

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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