Oakheart Property says ..

Property Oracle says ..

This terraced property is located in Earls Colne, Essex, and is listed at £250,000. The property has two bedrooms and one bathroom, with a total area of 643.14 sqft. The images show a property that appears well maintained internally, with a modern kitchen and bathroom. The property benefits from a small rear garden, although it appears to be somewhat overgrown and in need of attention.

The location is reasonably good, with a primary school within a short distance (0.87km). Several other schools, including secondary schools, are within a 5km radius. Train stations are also accessible, though at a slightly greater distance.

Considering the average house price in the area is significantly higher (£553,250) and the average price per sqft is £268, this property is priced considerably lower. However, it is important to note that the average sqft for the area is much larger (2,058 sqft) than this property (643.14 sqft). The smaller size of the property and the condition of the garden may account for the lower price. Nearby comparable properties support this assessment, with similar terraced houses in the area selling for between £150,000 and £325,000.

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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