Fenn Wright says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom semi-detached house located in West Mersea, Colchester, Essex. The list price is £234,500, and the property has a floor area of 365.50 sqft. The images show a modern, newly built property in good condition with a small garden. The location is in a desirable area of West Mersea, a coastal village. The proximity to Mersea Island School (rated ‘Good’ by Ofsted) is a positive factor for families. The distance to other amenities such as shops and transportation links would need further investigation, but the general area is known to be popular. Given the images, the property appears to be in excellent condition, having been recently constructed. There is no visible evidence of wear and tear or the need for renovation. The plot size is small, as indicated by the aerial view and images showing a small garden. It is likely that the available outdoor space is limited. Considering the average price per sqft in the area (£356) and the property’s size (365.50 sqft), a rough estimate of the property’s value would be around £130,000. However, the list price is significantly higher at £234,500. This suggests that the property may be overpriced compared to other similar properties in the area, especially considering its small plot size. The higher list price might reflect the desirability of the location and the modern condition of the property. Further analysis of comparable properties sold recently in the same area would be needed to confirm this.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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