Keller Williams says ..

Property Oracle says ..

The property is a detached bungalow located on Mortimer Road in Rayleigh, Essex. It has three bedrooms, one bathroom, and a plot size of 795 sqft. The list price is £350,000. The property appears to be in need of some modernisation. The interior shows dated decor and finishes. The carpets and wall coverings are worn and would likely need replacing. The kitchen and bathroom also appear dated and could benefit from an update. The garden is overgrown but has potential. There is a greenhouse and shed present. The location is good, with nearby schools and transportation links. Down Hall Primary School and Edward Francis Primary School are both rated ‘Good’ by Ofsted and are within a reasonable distance. Rayleigh train station is also relatively close, providing access to Greater Anglia services. Considering the property’s condition, the relatively small size (234.26 sqft) and the need for modernisation, the list price of £350,000 appears slightly high compared to the average price per sqft in the area (£450). Nearby properties of similar type show a range of prices, some higher and some lower than the list price. The average house price in the area is significantly higher at £507,432, however, the average sqft is also considerably larger at 1,126 sqft. The smaller size and condition of the property, therefore, justify a lower price per sqft.

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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