Harris + Wood says ..

Property Oracle says ..

This two-bedroom apartment is situated in the New Town and Christ Church area of Colchester, Essex. The property benefits from a convenient location, with Colchester Town train station approximately 1.41km away, providing good transport links. Several schools are within a reasonable distance, including Hamilton Primary School (rated Outstanding) and Colchester High School, although it’s important to note that Colchester Royal Grammar School has been noted as having serious weaknesses in its Ofsted report. The apartment itself appears to be in good condition, well-maintained, and modern. The images show a recently updated kitchen and bathroom. The property includes access to a communal garden area, which is a positive aspect.

However, the list price of £170,000 is considerably lower than the average house price in the area (£332,632). While the apartment is smaller than the average property (441.42 sqft compared to 878 sqft), the price per sqft is significantly lower than the average (£378). Nearby comparable apartments on Salisbury Avenue are listed at £180,000 and £190,000, suggesting that the £170,000 asking price may represent good value for money, although further investigation into the specific details of these comparable properties would be beneficial. The lack of plot size data for nearby listings limits a thorough comparison. The presence of a school rated as having serious weaknesses should be considered a negative factor, however the overall location is still positive.

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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