Charters says ..

Property Oracle says ..

The property is a 6 bedroom bungalow located in Monkwood, Alresford, Hampshire. It is listed at £1,400,000 and has 2,697.44 sqft of living space and a 4,582 sqft plot. The average price for a property in the area is £287,630 with an average size of 1,103 sqft, resulting in an average price per sqft of £260. The property appears to be in excellent condition, having undergone recent renovations or extensions. The interior is modern and well-maintained. The large garden is a significant feature, offering ample space and privacy. The property’s size and features, combined with its location in a desirable area, suggest a high value. Considering the average price per sqft in the area (£260) and the property’s size (2,697.44 sqft), a basic valuation would be approximately £698,380. However, the property’s superior condition, extensive plot size, and the higher prices of nearby properties (£875,000 - £12,500,000) significantly influence its value. The list price of £1,400,000 reflects this, although it is at the higher end of the market in this area. Further analysis would be needed to definitively assess the price’s reasonableness. The proximity to several schools with good Ofsted ratings is also a positive factor for the property’s location.

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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