Mayhew Estates says ..

Property Oracle says ..

The property is located on Lumley Road in Horley, Surrey. Based on the provided information, it’s a four-bedroom, two-bathroom house with a sizeable garden. The property appears to be in good condition from the photos, though some minor cosmetic updates might enhance its presentation. The kitchen and bathrooms seem recently updated or renovated. The location is convenient, with proximity to Horley town centre and train station, as well as several well-regarded schools, including Yattendon School and Horley Infant School, both rated ‘Good’ by Ofsted. The nearby transportation links to Gatwick Airport are also a significant advantage.

Considering the average price per square foot in the area is £296 and the property’s size is 1,345.27 sqft, a rough estimate of its value would be around £397,767. However, the list price is significantly higher at £600,000. This discrepancy could be due to several factors, including the property’s condition (which is generally good), its location (convenient and desirable), and the size of the garden. The higher list price may reflect these factors and the current market demand in the area. However, it’s important to note that several comparable properties on Lumley Road are listed at substantially lower prices. A thorough comparison of these properties and their features is crucial to determine the reasonableness of the £600,000 asking price. The lack of plot size information prevents a more detailed analysis of land value.

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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