Harris + Wood says ..

Property Oracle says ..

The property is a 4 bedroom, 2 bathroom detached house located on Green Lane in Colchester, Essex. It is listed at £500,000 and has 1,825 sqft of living space. The property benefits from a good location with nearby schools and transportation links. Parsons Heath Church of England Voluntary Controlled Primary School, Roach Vale Primary School, and Hazelmere Junior School are all within a 1km radius and have a good Ofsted rating. Several Greater Anglia train stations are also within a reasonable distance, providing convenient access to Colchester town centre and beyond. Based on the photos provided, the property appears to be in good condition. The interior is well-maintained and the exterior shows no significant signs of disrepair. The kitchen and bathrooms appear modern and functional. The property also benefits from a sizeable garden, offering additional outdoor space. Considering the average price of similar properties in the area (£348,914), the average price per sqft (£356), and the property’s size, condition, and location, the list price of £500,000 seems reasonable. While it is above the average price, the larger size and good condition of the property, coupled with its desirable location, justify the higher price point. The inclusion of a substantial garden also adds value. Nearby comparable properties on Green Lane support this assessment, with prices ranging from £274,000 to £550,000. The property includes features such as a garage, conservatory, and fireplace.

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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