The Good Estate Agent says ..

Property Oracle says ..

This property is a 4 bedroom, 2 bathroom terraced house located on River Way, Loughton, Essex. The property benefits from a modern extension to the rear, creating a large open plan kitchen/diner/living area with bi-fold doors leading to a good-sized garden. The property also benefits from off-street parking.

The location is desirable, being in Loughton, a town known for its good schools and transport links. Several primary and secondary schools are within a reasonable distance, and whilst specific Ofsted ratings aren’t provided, the proximity suggests access to good schooling options. Several train stations offering links to central London are also relatively close by. The surrounding area appears affluent based on the provided data, with nearby properties commanding high prices.

Based on the images provided, the property is in excellent condition. It has clearly undergone recent modernisation and refurbishment, with a high-quality finish throughout. The extension is a significant addition, adding considerable living space and value.

The property has a good-sized rear garden, which is a valuable asset in a densely populated area. The garden is well-maintained and offers good privacy.

Given the average price per square foot in the area is £606, and considering the property’s excellent condition, desirable location, and the inclusion of a garden and off-street parking, the list price of £675,000 appears to be in line with, or potentially slightly below, market value. However, without knowing the actual square footage of the property, a definitive statement on price-per-square-foot value cannot be made. The nearby comparable properties support this assessment, with prices ranging from £425,000 to £775,000. The variation in price likely reflects differences in size, condition, and specific features.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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