Miles & Barr says ..

Property Oracle says ..

The property is a 3-bedroom bungalow located in Folkestone, Kent. The list price is £360,000, and it has a plot size of 1,640.42 sqft and 1,653.87 sqft of internal space. The average house price in the area is £457,727, with an average price per sqft of £304. This suggests that the property may be slightly underpriced, considering its size. However, further analysis is needed. Based on the provided images, the property appears to be in good condition, although the décor is dated. There is no obvious need for major renovations. The property benefits from a conservatory and a garden, suggesting a good land score. The location is close to several schools, including The Harvey Grammar School, which is rated as “Outstanding” by Ofsted. The property is also within reasonable distance of Folkestone West and Folkestone Central train stations, providing convenient access to transportation links. This suggests a favorable location score. Considering the property’s condition, the available land (including the conservatory and garden), and its proximity to amenities and transport links, the list price of £360,000 appears to be reasonable, potentially even slightly below market value, considering the average price per sqft in the area. However, the lack of information on the condition of the property’s structure and systems (plumbing, electrics, etc.) prevents a definitive conclusion.

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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