Michael Jones & Symonds Reading says ..

Property Oracle says ..

This 3-bedroom bungalow in Ferring, West Sussex is on the market for £400,000. The property has a plot size of 826.67 sqft and the internal living space is 890.82 sqft. The average house price in the area is significantly higher at £761,083, with an average price per sqft of £597. However, the average size of properties in the area is 1,274 sqft, considerably larger than the bungalow in question.

The bungalow benefits from a good-sized garden, which is visible in the provided images. The condition of the property appears to be generally good, although some minor modernisation might enhance its appeal. The property has a traditional style, but it is well maintained and shows no significant signs of needing renovation. The location is also positive, with nearby transportation links and schools. The proximity to Goring-By-Sea train station provides convenient access to other areas. Several schools are within a reasonable distance, including Ferring C Of E Primary School and St Oscar Romero Catholic School.

Considering the smaller size of the property compared to the area average and its traditional style, the £400,000 asking price seems relatively reasonable, especially given the desirable location and the presence of a garden. The nearby comparable properties vary significantly in price, suggesting a range of values in the immediate vicinity.

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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