Fortnam Smith & Banwell says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom detached house located in Seaton, East Devon, with a list price of £225,000. The property has 736.5 sqft of living space and a 790 sqft plot. The average price for properties in the area is £295,868, with an average price per sqft of £301. This suggests that the property is priced below the average for the area. However, it’s important to note that the average sqft is significantly higher (981 sqft) than the subject property (736.5 sqft). Nearby properties on Shearwater Way range in price from £175,000 for a flat to £499,950 for a detached house, indicating a wide price range in the immediate vicinity. The lack of sqft information for these comparable properties makes direct comparison difficult. The images show a property that appears to be in good condition. The interior is modern and well-maintained, with no visible signs of significant wear or damage. The kitchen and bathroom appear recently updated. The exterior is also in good condition. There is a small garden area visible, but the exact size is unclear from the images. The location appears to be in a residential area with other similar properties. The proximity to schools, specifically Seaton Primary School (rated Outstanding and 1.03km away) is a positive aspect for families. However, information on transportation links is missing. Given the property’s condition, relatively small size (compared to the area average), and location near a highly-rated primary school, the list price of £225,000 appears reasonable, potentially even slightly below market value considering comparable properties in the area. However, the lack of detailed information on nearby property sizes and the absence of transportation data limits the precision of this assessment.

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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