WJ Meade says ..

Property Oracle says ..

The property is a semi-detached bungalow located in Epping, Essex. The list price is £700,000, with the property having 1,061.59 sqft of living space and a 950.10 sqft plot size. The average price for properties in the area is £711,258, with an average size of 1,058 sqft and an average price per sqft of £672. The property appears to be in reasonable condition. While the interior shows some signs of age, it is clean and well-maintained. The exterior is also well-maintained with a neat garden. The kitchen appears to be adequately equipped. There’s potential for modernisation to enhance its appeal and value. The property benefits from having a garden, which adds to its desirability. The size of the garden is moderate, providing outdoor space without being excessively large. Considering the average price per sqft in the area (£672) and the property’s size (1,061.59 sqft), a rough estimate of its value would be around £712,000. The list price of £700,000 is therefore slightly below the estimated value based on average prices per sqft, making it potentially good value. However, this is a simplified calculation and doesn’t account for factors like the specific condition, location, and features of the property. The proximity to local amenities and transport links should also be considered.

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

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