haart says ..

Property Oracle says ..

The property is located in Morris Avenue, Clacton-on-Sea, Essex. The area has a lower average house price (£340,786) and price per square foot (£380) than many other areas in the UK. Several nearby properties on Morris Avenue itself have sold for significantly less than the listed price of £120,000, ranging from £41,500 to £90,000. This suggests that the list price may be on the higher end for this street. However, without knowing the square footage of these comparable properties, a precise comparison is difficult. The property is relatively close to Clacton-on-Sea train station (5.81km), offering convenient access to transport links. Several schools are within a reasonable distance, although their Ofsted ratings vary, with some requiring improvement or in special measures. The presence of a garden is a positive aspect. The property appears to be in need of some modernisation and updating. The bathroom, kitchen, and some of the interior decor show signs of wear and tear. While structurally sound, some cosmetic improvements and potential upgrades would enhance its overall condition. Given the lower average house prices and price per square foot in the area, coupled with the property’s condition and the relatively small size (376 sqft), the list price of £120,000 might be considered high compared to recent sales on Morris Avenue. However, the presence of a garden could add value. A more thorough assessment of the property’s condition and a comparison with properties of similar size and condition in the area would be necessary to provide a definitive opinion on its value.

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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