Red Rock Estate Agency says ..

Property Oracle says ..

The property located at Meadow Way, Jaywick, Clacton-On-Sea, Essex, is a detached bungalow listed at £105,000. The property has two bedrooms and one bathroom, and is 600 sqft. The plot size is not provided.

Considering the average house price in the area is £340,786 and the average price per sqft is £380, the list price of £105,000 for this 600 sqft property appears significantly lower. This could be due to several factors, including the property’s condition, location, and the overall market dynamics in Jaywick.

The property’s condition appears to be relatively good, based on the provided image. There are no immediately visible signs of significant disrepair or needing renovation. However, a more thorough inspection would be needed to confirm this assessment.

The location, Jaywick, is known to be an area with a lower average house price compared to other parts of Clacton-on-Sea. While proximity to transportation links (Clacton-On-Sea station is 4.32 KM away) is a positive, the nearby schools’ Ofsted ratings (ranging from ‘Requires Improvement’ to ‘Special Measures’) may be a concern for families. Further investigation into the local amenities and community aspects is recommended.

The lack of information regarding the plot size prevents a comprehensive assessment of the land aspect. More information would be needed to determine whether there is adequate garden space.

The price of £105,000 is considerably lower than the average price for the area, and significantly lower than the average price per sqft. However, without more information on the property’s condition and the exact plot size, a definitive conclusion on its value cannot be reached. Further investigation and a professional valuation are recommended.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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