MAP Estate Agents says ..

Property Oracle says ..

This detached bungalow in Illogan, Cornwall is listed at £550,000. The property has three bedrooms and three bathrooms, and is 511.39 sqft. The plot size is not specified.

The average price for similar properties in the area is £468,178, with an average size of 1,992 sqft and an average price per sqft of £235. This bungalow is significantly smaller than the average, at approximately 27% of the average size.

Nearby properties range in price from £150,000 to £1,100,000, indicating a wide variation in property values in the area. The list price of £550,000 places this property in the mid-range of nearby listings, though significantly lower than some of the more expensive properties. However, the lack of sqft information for comparable properties makes a precise price comparison difficult.

The property appears to be in good condition based on the provided images. It benefits from a conservatory and what appears to be a good-sized garden. The images show a well-maintained interior and exterior, suggesting that it is not in need of significant renovation. The presence of a garden is a positive feature, particularly for a bungalow.

The location is in Illogan, a village in Cornwall. The proximity to Portreath Community Primary School (rated ‘Good’ by Ofsted) and Illogan School (rated ‘Requires improvement’) may be appealing to families. Rail connections to Camborne and Redruth are also within a reasonable distance. The overall desirability of the location will depend on individual preferences and priorities.

Considering the property’s size, condition, and location, the list price of £550,000 appears to be at the higher end of the market value. While the property is in good condition and has a garden, its significantly smaller size compared to the average property in the area needs to be considered. Further information on plot size would greatly assist in a more comprehensive price assessment.

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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