Spicerhaart Land says ..

Property Oracle says ..

The property is a land plot located in Colnbrook With Poyle, Slough, Berkshire. The listing price is £1,400,000. The plot appears to be relatively small based on the provided map. Given the lack of information regarding the size of the plot in square footage, a precise land score cannot be given. However, the surrounding area shows a mix of property types and prices. There are several nearby schools with good Ofsted ratings, suggesting a family-friendly location. The proximity to Heathrow Airport and various train stations is a positive factor, improving accessibility. The images suggest the existing buildings on the site are in need of significant renovation or demolition. The condition of the buildings is poor, with visible signs of wear and tear. This significantly impacts the overall value and necessitates substantial investment for any development. The average house price in the area is £253,824, while the average price per square foot is £260. The listing price of £1,400,000 for a land plot with existing buildings in poor condition is significantly higher than the average house price. Without knowing the plot size, it’s difficult to definitively assess the price per square foot and whether the asking price represents good value. However, given the condition of the existing structures and the need for substantial renovation or redevelopment, the price may be considered high relative to the average house prices in the area. Further investigation into the plot size and potential development opportunities is crucial for a thorough price assessment.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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