Palmer & Partners says ..

Property Oracle says ..

The property is a 2 bedroom bungalow situated in Oaksmere Gardens, Ipswich, Suffolk. The location benefits from being within a reasonable distance of several schools, including Halifax Primary School (rated ‘Good’ by Ofsted) and Stone Lodge Academy (also rated ‘Good’). Ipswich train station is approximately 1.38km away, providing convenient access to other areas.

Based on the provided images, the property appears to be in generally good condition, although some modernisation might enhance its appeal. The interior shows a relatively clean and well-maintained space. The exterior also looks well-kept with a small garden area.

The property’s plot size is 498.80 sqft, which is relatively small. However, it does include a garden area.

Considering the list price of £145,000, the average house price in the area is £304,000 and the average price per sqft is £368. This bungalow is significantly below the average price for the area. However, it’s important to note that the average sqft is considerably larger than this property at 824 sqft. The lower price may reflect the smaller size and the fact that it is a bungalow. The price seems reasonable in the context of its size and location, relative to other properties in the area. Further analysis of comparable properties would be needed to determine if it is undervalued or fairly priced.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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