Palmer & Partners says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom apartment located in Shrub End, Colchester, Essex. It is listed at £200,000 and has 790.10 sqft of living space and a 740.10 sqft plot. The property appears to be in good condition based on the provided photos. The interior is modern and well-maintained, with a recently updated kitchen and bathroom. There is evidence of some landscaping, with a small lawn area visible in the external photos. The location in Shrub End places it relatively close to Colchester town centre (approximately 5km), offering convenient access to amenities and transport links. The proximity to several schools, including Gosbecks Primary School (rated ‘Good’ by Ofsted) within a short distance, is a positive aspect for families. Considering the average price per sqft in the area is £393, and this property is listed at £200,000 for 790.10 sqft, the price per sqft is approximately £253. This is significantly lower than the area average, suggesting the property may represent good value for money, especially given its apparent condition and the presence of a small garden. However, the lack of information on comparable properties with similar sqft makes this assessment less certain. The available nearby listings are largely detached houses with significantly higher prices, making direct price comparison challenging.

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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