Michaels Property Consultants Ltd says ..

Property Oracle says ..

The property is a detached bungalow located in Meadow Close, Elmstead, Colchester. It offers 3 bedrooms and 2 bathrooms, with a total area of 1321 sqft. The plot size is also 1321 sqft.

The property appears to be in excellent condition based on the provided images. The interior is modern and well-maintained, with a contemporary kitchen and bathrooms. There is evidence of a well-maintained garden.

The location is positive, with nearby primary and secondary schools rated ‘Good’ or ‘Outstanding’ by Ofsted. Several train stations are within a reasonable distance, providing convenient access to Colchester and other areas.

Considering the average price per sqft in the area is £380, and the property is listed at £450,000, the price seems reasonable, particularly given its modern condition and the size of the plot. The average house price in the area is £340,786, and this property is above average, reflecting its modern condition and features. Nearby comparable properties support this assessment, with prices ranging from £112,500 to £525,000. The higher end of this range aligns with the list price of this property.

The property benefits from a private garden, which adds to its overall value.

Based on the provided information, this property represents a good value proposition for buyers seeking a modern, well-maintained home in a convenient location with good schools and transportation links.

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

Images