Harris + Wood says ..

Property Oracle says ..

The property is a 4 bedroom, 3 bathroom detached house located in Mile End, Colchester, Essex. It is listed at £550,000 and has 1,340 sqft of living space. The plot size is not specified.

The property appears to be in excellent condition, with modern fixtures and fittings throughout. The kitchen and bathrooms are contemporary and well-maintained. The interior is bright and spacious. There is also a well-maintained garden visible in the provided images, which includes a shed and patio area.

The location is positive; it is within reasonable proximity to several schools, including The Gilberd School (rated Outstanding by Ofsted) and Camulos Academy (rated Good). Colchester town centre and several train stations are also within a reasonable distance, providing convenient access to transportation links.

Considering the property’s excellent condition, modern design, desirable location, and inclusion of a garden, the asking price of £550,000 appears to be in line with or slightly above the average price for similar properties in the area. While the average price per sqft in the area is £457, this property is larger than average (1340 sqft vs 935 sqft average), and its modern condition and desirable features justify the higher price point. Nearby comparable properties on Mill Road are listed between £300,000 and £575,000, further supporting the reasonableness of the asking price.

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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