The listed price of £107,500 represents a 25% share in the property. While the price per square foot is unavailable, the overall cost seems relatively low compared to other properties in the area, especially considering the new build status and number of bedrooms. However, the shared ownership aspect significantly reduces the overall value, compared to a freehold property. The price seems to be reasonable given the market in Clacton-on-Sea but is limited by the shared ownership aspect.

Based on the photographs, the property appears to be in excellent condition. It’s a newly built home, so it is likely to be free from major defects and require minimal repairs or renovations. Finishes look modern and high quality.

The property is located in Clacton-on-Sea, Essex, in a new build development. Proximity to Cann Hall Primary School (rated ‘Good’ by Ofsted) is a plus for families. The nearby train station provides convenient access to other towns. While Clacton-on-Sea itself might not be considered a prime location by all, its coastal setting and amenities make it attractive to some buyers. The average house price on Honeysuckle Way is relatively low, suggesting it might not be the most sought-after area.

The property includes a relatively small, enclosed rear garden. While it’s adequate for a small family, it lacks the extensive space some buyers may desire. The plot size listed is 0.00 SQFT. This is likely an error and should be clarified.