Fortune & Coates says ..

Property Oracle says ..

The property is located in Chapel Fields, Harlow, Essex, which is in close proximity to several schools, including Potter Street Academy and Passmores Academy, both rated ‘Good’ by Ofsted. The area also benefits from relatively easy access to Harlow Mill and Harlow Town train stations, providing convenient transport links. The presence of a garden adds to the property’s appeal.

The property itself appears to be in good condition, with a recently modernised kitchen and bathrooms. The images show a clean and well-maintained interior, suggesting that it is well-kept and unlikely to require significant repairs or renovations in the immediate future. The property also benefits from a sizeable plot size of 2,189.50 sqft.

Considering the property’s size (2,494.50 sqft), location, condition, and the inclusion of a garden, the list price of £500,000 appears to be at the higher end of the market value. While the average price for properties in the area is significantly lower (£326,186), this property is considerably larger than the average (2,494.50 sqft vs 1,178 sqft) and boasts more bedrooms and bathrooms. The average price per sqft in the area is £276, suggesting that a property of this size might be expected to sell for around £687,000 (£276 x 2,494.50). However, this calculation does not account for the condition or other factors that can affect pricing. Therefore, while the list price is higher than the average, it may still represent reasonable value given the property’s features and condition, provided there are no hidden issues.

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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