Home & Castle says ..

Property Oracle says ..

The property is a semi-detached bungalow located on Pevensey Road in Polegate, East Sussex.

It has two bedrooms and a bathroom, and the plot size is 0.00 sqft. The asking price is £325,000.

The property benefits from a good location, with Polegate railway station being within a short distance, providing convenient access to other towns and cities. There are also several schools nearby, including Polegate Primary School which has an ‘Outstanding’ Ofsted rating. This makes the property attractive to families.

Based on the images provided, the property appears to be in reasonable condition, although some modernisation might enhance its appeal. The kitchen and bathroom appear dated but functional. The garden is a significant feature, offering a good-sized outdoor space.

Considering the average price per square foot in the area is £764, and the property is 400 sqft, a comparable property might be expected to cost around £305,600. However, the actual list price is £325,000. While this is slightly higher than the estimated value based on average sqft price, it’s important to note that the average price in the area is significantly higher (£1,254,259) and this property is a smaller semi-detached bungalow. The list price seems reasonable considering the location and the presence of a garden, which are desirable features in the market. The property’s condition is a factor, but the other positive aspects likely justify the slightly higher price per sqft.

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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