Gemma Parr Residential says ..

Property Oracle says ..

Lock Mead is situated in a desirable location on the River Thames in Maidenhead, Berkshire. The property benefits from being within easy reach of excellent schools such as St Luke’s Cofe Primary School (Outstanding Ofsted rating) and St Nicolas’ Church Of England Combined School (Good Ofsted rating), both within a 2km radius. Multiple train stations providing links to London are also conveniently located nearby, including Maidenhead, Taplow and Bourne End. This adds to the appeal and convenience of the location.

Based on the provided images, the property appears to be newly built or recently extensively renovated to a high standard. The finishes are modern and contemporary, and the property presents as being in excellent condition throughout. There is no evidence of wear and tear or any need for repair or renovation.

The property includes a well-maintained garden, offering outdoor space for relaxation and enjoyment. The size of the garden appears to be relatively modest compared to some other properties in the area, but still provides a valuable amenity.

The list price of £1,425,000 for a 1,207 sqft detached bungalow with 5 bedrooms and 3 bathrooms is relatively high compared to the average price of £260,420 in the area. However, considering the modern condition, the desirable riverside location, and the scarcity of comparable properties on the market, the price may be justified. The average price per sqft in the area is £337.00, while this property’s price per sqft is significantly higher. This higher price per sqft reflects the premium commanded by its location and condition. The nearby comparable properties, while limited in detail, generally support this higher price point. Further analysis of comparable properties with similar specifications would be needed to determine a more precise valuation.

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

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