Abbotts says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Colchester, Essex. The flat is situated in Bardsley Close, within the Mile End locality. The area benefits from relatively close proximity to several primary schools which are rated ‘Good’ by Ofsted, including Queen Boudica Primary School (0.26km), Myland Community Primary School (1.00km), and North Primary School and Nursery (1.09km). Colchester train station is also within reasonable commuting distance at 0.74km.

Based on the provided images, the property appears to be in good condition and well-maintained. The interior is modern and clean, with updated fixtures and fittings. There is no visible evidence of significant wear and tear or the need for renovation.

The plot size is 501 sqft, which is relatively small and does not include a private garden. This is consistent with the property type being a flat within a larger building.

The list price of £160,000 is significantly lower than the average price for the area (£428,040). However, the average price per sqft in the area (£457) is considerably higher than what this property would command, given its size and lack of land. While the property itself appears to be in good condition, its small size and lack of outdoor space contribute to its lower value compared to the area average. The lower price point may reflect the smaller size and lack of garden compared to other properties in the area. Nearby comparable properties on Bardsley Close range from £150,000 to £300,000, although sqft data is not consistently available for these comparisons.

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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