Emery & Orchard says ..

Property Oracle says ..

The property is a 4-bedroom chalet located in Elstead, Surrey, listed at £700,000. The property has a 1,442 sqft footprint and benefits from a garden and what appears to be off-street parking. The location is desirable, with nearby primary schools rated “Good” and “Outstanding” by Ofsted, and several secondary schools within a reasonable distance. The proximity to the South Western Railway line provides convenient access to commuting routes. The area’s average house price is significantly higher (£1,103,750) than the listing price, suggesting the property may be competitively priced. However, the average house size in the area (2,162 sqft) is considerably larger, and the average price per sqft (£510) is higher than what one might expect given the property’s condition and size. Based on the images, the property appears to be in good condition, though it has a traditional style. There is no evidence of significant wear and tear or the need for major renovations. The interior appears well-maintained and updated in places, with modern appliances in the kitchen. The presence of a conservatory adds value and living space. The garden is of a reasonable size for a property of this type. Considering the property’s condition, location, and the available land, the list price of £700,000 appears reasonable, especially given the lower average price per sqft in the immediate vicinity. While the average house price in the area is significantly higher, the smaller size of the property and the lower average price per sqft of nearby properties support the listing price. The lack of plot size information in the listing may affect the overall valuation.

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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