Redferns says ..

Property Oracle says ..

The property is a 2 bedroom semi-detached bungalow situated on Raleigh Road, Ottery St Mary, East Devon. The list price is £265,000. The property benefits from a good location with nearby primary and secondary schools including Ottery St Mary Primary School (rated ‘Good’ by Ofsted) and The King’s School (rated ‘Outstanding’). Transport links are also relatively close by, with Feniton train station approximately 3.97km away. Based on the images provided, the property appears to be in generally good condition, although some minor cosmetic updates may enhance its appeal. The garden is a notable feature, offering a pleasant outdoor space. The property also has a garage. Considering the average price per square foot in the area (£352) and the property’s size (475.63 sqft), a rough estimate of its value based solely on size would be approximately £167,422. However, the actual list price of £265,000 significantly exceeds this figure. This discrepancy may be attributed to factors such as the property’s location, the inclusion of a garden, and the presence of a garage, which are not reflected in the simple price-per-square-foot calculation. Nearby comparable properties on Raleigh Road range from £167,000 to £450,000, indicating some price variability in the area. The list price of £265,000 falls within this range, suggesting it may be reasonably priced considering the aforementioned factors. However, a detailed survey would be needed to confirm the property’s condition and to fully assess its value.

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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