Caplen Estates says ..

Property Oracle says ..

The property is a two-bedroom, two-bathroom apartment with a total area of 701.83 sqft situated on a plot of 700.40 sqft. The list price is £375,000. Location: Chigwell is a desirable area known for its good schools and convenient access to transport links. The proximity to several well-regarded primary schools, such as Coppice Primary School and John Bramston Primary School (both rated ‘Good’ by Ofsted), makes this property attractive to families. While the nearest TfL Rail stations are a few kilometers away, the area is well-served by road networks, providing good access to London and surrounding areas. This contributes to a positive location score. Condition: The images provided showcase a modern apartment that appears to be in excellent condition. The kitchen and bathrooms are newly fitted and the interior is well-presented. There are no visible signs of wear and tear or the need for renovation. This suggests a high condition score. Land: The property has a relatively small plot size of 700.40 sqft. While it may include a small private garden or patio area (the external photos show a communal garden), it is unlikely to be extensive. This limits the land score. Price: The average house price in the area is significantly higher (£696,905) than the list price of this property (£375,000). However, the average property size is also considerably larger (1,448 sqft compared to 701.83 sqft). The average price per sqft in the area is £481, while this property is listed at a lower price per sqft. Considering its modern condition and desirable location, the list price of £375,000 appears to be reasonable, representing good value for money, especially when compared to nearby comparable properties. The nearby listings show a range of prices, with some apartments selling for similar prices and others significantly higher. The property benefits from being in a highly sought-after location with good schools and transport links. The modern condition and reasonable price further enhance its appeal.

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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