Michael Jones & Bacon says ..

Property Oracle says ..

The property is a 3-bedroom house with 1 bathroom, listed at £400,000. It has a total area of 870.37 sqft and is situated in the St Mary’s area of Shoreham-by-Sea. The property benefits from being close to several amenities, including Swiss Gardens Primary School (0.23km), which is rated ‘Good’ by Ofsted. Shoreham-by-Sea train station is also within convenient reach (0.71km). The property appears to be in relatively good condition based on the provided images. The interior is presented well, and while the kitchen is dated, it looks functional and clean. There is evidence of some minor cosmetic updates, suggesting the property has been maintained to a reasonable standard. The exterior of the property is also in good condition. The property includes a small rear garden, which is a positive feature. While the size isn’t specified, the images show a manageable space. Considering the average house price in the area is £520,205 and the average price per sqft is £519, the listed price of £400,000 for this 870.37 sqft property seems reasonable, potentially even slightly below average. However, the lack of plot size information and the absence of details regarding any structural issues prevents a definitive assessment. Nearby comparable properties on Victoria Road have sold for prices ranging from £239,950 to £464,500, further supporting the idea that the listing price is within the expected range for the area. The smaller size of the property compared to the area average may explain the lower price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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