Purplebricks says ..

Property Oracle says ..

The property is a 2 bedroom terraced bungalow situated in Shoreham-by-Sea, West Sussex. The list price is £475,000.

The property appears to be in excellent condition. The images show a recently renovated interior with modern fixtures and fittings throughout. The kitchen and bathroom are particularly modern and well-maintained. There is also evidence of a recently constructed garden shed in the rear garden.

The property benefits from a good-sized rear garden, which is well-maintained and includes a patio area and a shed. This adds to the overall appeal and functionality of the property.

Considering the average price per sqft in the area is £330, and this property is 773.82 sqft, a reasonable expectation for the price might be around £255,000. However, the list price of £475,000 is significantly higher. This could be justified by the property’s excellent condition and modern upgrades, as well as its location in Shoreham-by-Sea. Nearby properties of similar type show prices ranging from £440,000 to £700,000, suggesting that while the price is on the higher end, it is not entirely unreasonable within the context of the local market. Further analysis of comparable properties with similar features and condition would be needed to definitively assess the value.

The location is positive, with nearby schools rated ‘Good’ by Ofsted and relatively easy access to Shoreham-by-Sea train station. The proximity of these amenities contributes positively to the overall value of the property.

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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