Purely Property Group says ..

Property Oracle says ..

Plot 8, Foxglove Place, Felsted, Essex is a new build, two bedroom detached property listed at £495,000. The property is situated within a new development and benefits from a good-sized rear garden. The images show a modern, well-presented interior with a contemporary kitchen and bathrooms. The property appears to be in excellent condition, and the finish is of a high standard.

The average price for properties in the area is significantly higher at £830,499, although this average is likely skewed by larger properties. Nearby comparable properties on Foxglove Place range from £485,000 to £1,085,000, suggesting that the list price for Plot 8 is at the lower end of the market for this location. However, it is important to note that the square footage of these comparable properties is not provided, making a direct comparison challenging. The average price per square foot in the area is £554, while the property’s price per square foot, based on the listed price and square footage, is significantly higher. This suggests that the asking price may be slightly above the average price per square foot for the area, but given the property’s new build status and modern finish, this may be justified.

The location is positive, with Felsted Primary School being within close proximity. The proximity to other amenities such as shops and transportation links would need further investigation to fully assess the location score. The property’s small plot size of 0.00 sqft is a limitation, however, the images show a well-maintained garden which may be sufficient for some buyers.

Based on the provided information, the property appears to be well-priced for a new build in a desirable location, despite the small plot size. The high-quality finish and modern design are likely to appeal to a range of buyers.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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