Hammond & Smith says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom house with a total area of 213.77 sqft and a plot size of 715.70 sqft. The list price is £400,000. The property appears to be in good condition, with recent renovations or updates to the kitchen and bathroom visible in the provided photographs. The kitchen is modern and well-equipped, and the bathroom is clean and updated. The property also benefits from having a garden, which is a desirable feature in the UK housing market. The location in Epping, Essex is reasonably convenient. Nearby schools, such as Epping Primary School (rated ‘Good’ by Ofsted), are within a reasonable distance, making the property potentially attractive to families. The proximity to Epping High Street and the Central Line Station is also a positive aspect, offering good transport links. However, the average house price in the area (£711,258) is significantly higher than the list price of this property, which could indicate that the property is undervalued. The average price per sqft in the area is £672, whereas this property is listed at a much lower price per sqft. This could be due to the size of the property, its type, or other factors not fully captured in the provided data. However, considering the property’s condition, the inclusion of a garden, and its proximity to amenities, the list price of £400,000 appears to be relatively reasonable, especially when compared to similar properties on Beaconfield Road itself. Further investigation into comparable properties in the area would provide a more comprehensive assessment of its value.

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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