Walkers says ..

Property Oracle says ..

The property is situated in South Hanningfield, a village in the Chelmsford district of Essex. The area benefits from proximity to several highly-rated schools, including Stock Church of England Primary School (Good Ofsted rating) and Mayflower High School (Outstanding Ofsted rating), both within a reasonable distance. Several train stations are also within a short distance, providing convenient access to other towns and cities. This suggests a desirable location, contributing positively to the property’s value. Based on the provided images, the property appears to be in excellent condition. The interior is modern, well-maintained, and tastefully decorated. The exterior also presents well, suggesting that significant recent renovations or upgrades have been undertaken. The property shows no signs of needing repair or renovation. While the plot size is listed as 0.00 sqft, the images clearly show a substantial garden surrounding the property. The garden appears well-maintained and offers ample outdoor space. Therefore, the land score should reflect this, despite the discrepancy in the provided data. The average house price in the area is £931,397, and the average price per sqft is £514. Considering the property’s size (3,519.80 sqft), a comparable property might be expected to cost approximately £1,806,000 (£514 x 3519.80). However, the actual list price of £2,250,000 is significantly higher. This discrepancy could be attributed to several factors, including the superior condition of the property, its larger garden than average, and its location within a desirable area. The higher price point might also reflect the premium associated with a recently renovated property. The higher price could also be justified by comparing it to similar properties in the area. Nearby properties on Hereward Mount have sold for between £1,375,000 and £1,825,000. The subject property is larger than these comparable properties and thus the price is justified.

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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