eXp UK says ..

Property Oracle says ..

The property is a 3 bedroom detached bungalow situated in Butlers Way, Great Yeldham, Essex. The list price is £425,000. The property appears to have undergone a significant refurbishment or extension. The kitchen and bathrooms are modern, and the interior shows a high standard of finish. There is evidence of a new extension to the rear of the property, which incorporates a modern kitchen/diner with bi-fold doors leading to a decked area and garden. The property benefits from a good sized garden, and off street parking. Great Yeldham is a small village in Essex. While the village itself may lack extensive amenities, its proximity to Halstead and Braintree offers access to a wider range of shops, schools and transport links. The nearby St Andrew’s Church of England Primary School is within walking distance. Other schools are within a reasonable driving distance. Considering the average price per square foot in the area is £298, and the subject property is 918 sqft, a rough estimate of the value would be £273,324. However, the average house price in the area is £644,125, which is significantly higher than the subject property’s list price. The lower price may be attributed to the smaller size of the property compared to the average, and its location in a smaller village. The recent refurbishment and extension work will have added significant value, but it is difficult to quantify this without further information. The list price of £425,000 appears reasonable given the property’s condition, size, location and the recent improvements. However, it is below the average price for the area.

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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