Jackson Stops says ..

Property Oracle says ..

Old House, Ford Street is a substantial period property located in the village of Aldham, Essex. The property benefits from a large garden and is within a reasonable distance of local amenities and transport links. The images show the property to be well-maintained and presented, with character features retained and modernised elements integrated tastefully. The kitchen appears to have been recently updated to a high standard.

The average price per square foot in the area is £356. Considering the size of the property (4,854.52 sqft), its condition, and the substantial garden, the list price of £1,850,000 appears to be in line with, or perhaps slightly above, the current market value for similar properties in the area. However, the lack of comparable properties with similar sqft and land size makes a definitive price comparison challenging. The presence of a significant garden is a key factor influencing the perceived value. The proximity to Marks Tey train station and several well-regarded schools adds to the desirability of the location.

The property’s age and character are likely to appeal to a specific buyer segment, potentially impacting the price. Further analysis of recent comparable sales in Aldham and surrounding villages with similar property characteristics would help to refine the price assessment. The relatively low average price and price per sqft in the surrounding area compared to the subject property’s price per sqft (£380.70) suggests a premium is being placed on the property’s size, condition, and unique features.

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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