Freeman Forman says ..

Property Oracle says ..

The property is a two-bedroom flat located on Alexandra Road in Heathfield, East Sussex. The list price is £129,000. The property is a brick-built flat forming part of a small development. The property benefits from a small area of garden. The property appears to be in reasonable condition for its age, although some modernisation may be desirable to enhance its appeal. The decor is dated, and some updates to the kitchen and bathrooms would likely improve the overall presentation. The location is good, with several well-regarded schools within a reasonable distance, including Parkside Community Primary School (Outstanding Ofsted rating) which is less than a kilometer away. This makes the property attractive to families. However, information on nearby transportation links is not available. Considering the average price per square foot in the area (£764) and the property’s size (623.23 sqft), a rough estimate of the property’s value based purely on size would be around £474,000. However, the actual list price is significantly lower at £129,000. This considerable difference could be attributed to several factors, including the dated condition of the property and the smaller plot size compared to the average in the area. The lower price may also reflect the type of property; it is a flat rather than a house. Nearby comparable properties on Alexandra Road range from £55,000 to £325,000, suggesting that the list price of £129,000 is within the range of similar properties in the area, although it is on the higher end.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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