Harris + Wood says ..

Property Oracle says ..

The property is located in Highwoods, Colchester, a suburb with good access to local amenities and transport links. The nearby schools, The Gilberd School and Brinkley Grove Primary School, both have good Ofsted ratings, making it an attractive location for families. Colchester town centre and train station are within a reasonable commuting distance.

Based on the provided images, the property appears to be in excellent condition. The interior is modern and well-maintained, with recently updated kitchen and bathrooms. There is no visible evidence of wear and tear or the need for renovation.

The property includes a garden with a patio area, offering outdoor space. The size of the plot is not specified, but the images show a decent-sized garden for an end-of-terrace property.

Considering the property’s excellent condition, desirable location, and inclusion of a garden, the list price of £400,000 appears slightly higher than the average price for the area (£319,444). However, the property’s size (1020 sqft) is larger than the area average (989 sqft), and its modern condition could justify the higher price. The average price per sqft in the area is £322, suggesting the asking price is in line with or slightly above market value for a comparable property in this condition. Further analysis of comparable properties with similar square footage and condition would be needed to definitively assess the price’s reasonableness.

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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