Fisks Ltd says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom flat with a floor area of 454.02 sqft. The listing price is £200,000. The property appears to be in good condition from the provided images; it is modern, clean, and well-maintained. The kitchen and bathroom are contemporary and appear recently updated. There is no garden associated with the property, as indicated by a plot size of 0.00 sqft. The location is reasonably convenient, with Rayleigh train station approximately 0.88km away. Several primary schools are within a short distance, including Rayleigh Primary School (0.36km), Glebe Primary School (1.19km), and Edward Francis Primary School (1.30km). The proximity to the train station and schools is a positive aspect. However, the lack of information regarding the quality of local amenities such as shops and places of significance makes it difficult to fully assess the location score. Considering the average house price in the area is £483,732 and the average price per sqft is £400, the listed price of £200,000 for this 454.02 sqft flat seems significantly lower. However, the absence of plot size in the nearby listings makes a direct price comparison difficult. The lower price may be justified by the smaller size and lack of outdoor space compared to other properties in the area. Further investigation into the specifics of the property and comparable sales data is recommended to fully assess the value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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