William H. Brown says ..

Property Oracle says ..

The property is a 1 bedroom cottage located in Pilgrims Hatch, Brentwood, Essex. It’s a small property with a total area of 335 sqft and a 0 sqft plot size. The average house price in the area is significantly higher at 568,758, with an average size of 1372 sqft. The average price per sqft is 414.00. The property benefits from a small, enclosed patio area, ideal for outdoor seating. While the plot size is listed as 0.00 sqft, the images show a small paved patio area and a small patch of grass beyond a fence. This suggests that while there isn’t a large garden, there is some private outdoor space. The interior appears to be in good condition. The photos show a modern, recently renovated interior. The finishes look new and well-maintained. There is a modern kitchen with integrated appliances, including a washing machine. The bathroom also appears modern and clean. The location, while not explicitly detailed, is in a residential area with nearby transportation links. The proximity to several train stations, including Harold Wood, Brentwood, and Gidea Park, provides convenient access to commuting routes. Several well-regarded schools are also within a reasonable distance. Given the average price per sqft in the area (414.00) and the property’s size (335 sqft), a rough estimate of the expected value would be around 138,790. The list price of 250,000 is considerably higher than this estimate. However, the property’s modern condition and small, but present, outdoor space might justify a higher price. The discrepancy between the list price and the estimated value based on average price per sqft requires further investigation into comparable properties in the immediate vicinity to determine if the list price is reasonable. The lack of sqft data for nearby properties makes this comparison difficult.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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