John Alexander Estate Agents & Letting Agents says ..

Property Oracle says ..

The property is a 3-bedroom house located on Oak Road in Tiptree, Colchester, Essex. It is listed at £300,000 and has 1025 sqft of living space. The property benefits from a garden. Based on the provided images, the property appears to be in good condition. The kitchen and bathroom have been recently updated and are in excellent condition. There is some minor cosmetic work required in a few areas, such as the wooden flooring in one of the bedrooms. However, this is not extensive and would not detract significantly from the overall condition. The location in Tiptree is positive. The proximity to Thurstable School Sports College and Sixth Form Centre (0.42km), Baynards Primary School (0.52km), and several other well-regarded schools is a significant advantage for families. While specific transportation links aren’t detailed in terms of walking distance, the proximity to Kelvedon and Marks Tey train stations suggests reasonable access to commuting routes. The average house price in the area is £348,914, with an average price per sqft of £356. Considering the property’s size (1025 sqft), a rough estimate of its value based on average price per sqft would be around £364,750. The listed price of £300,000 is therefore below the average price per sqft for the area. However, it’s important to note that the average price per sqft may not fully account for the specific condition and features of this particular property. The lack of plot size information prevents a complete assessment of land value. The presence of a garden is a positive factor, but its size and quality are unknown. Considering all factors, the property presents good value for money, especially given its updated kitchen and bathroom. The below-average price compared to the average price per sqft in the area further strengthens this assessment. However, the lack of detailed plot size information and the need for minor cosmetic work prevent a definitive conclusion on overall value.

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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