Beresfords says ..

Property Oracle says ..

The property is an apartment in Billericay, Essex. Billericay benefits from its proximity to excellent schools, including Quilters Infant and Junior Schools (both rated Outstanding by Ofsted) and The Billericay School (rated Good). The presence of these highly-rated schools within close proximity significantly enhances the desirability and value of properties in the area. Several train stations are also within a reasonable distance, providing convenient access to London and other areas. The images show a modern apartment complex, Meadow Lodge. The building and the apartment itself appear to be in excellent condition, with modern fixtures and fittings. There is no visible evidence of wear and tear or the need for renovation. The communal areas are well-maintained, suggesting a high standard of upkeep. While the listing does not specify a plot size, the images reveal a communal garden area, which is well-landscaped and provides residents with outdoor space. The list price of £425,000 is significantly lower than the average house price in the area (£630,062). However, the average price per sqft is not helpful as the property’s sqft is not provided. Nearby comparable properties range from £360,000 to £1,950,000, with a wide variation in property types (apartments and detached houses). The price of similar apartments in the area varies considerably. Considering the apparent excellent condition of the apartment and its convenient location, the list price could be considered reasonable, depending on the size of the apartment. More information about the size of the apartment is needed to give a more accurate assessment of the price.

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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