Mark Ewin says ..

Property Oracle says ..

The property is located in Bury St Edmunds, a popular market town in Suffolk. The area benefits from being relatively close to several schools, including Horringer Court Middle School (0.47km), Westley Middle School (1.04km), and Sexton’s Manor Community Primary School (1.18km), all of which have a good Ofsted rating. The proximity to these schools is a positive factor for families. Additionally, Bury St Edmunds train station is approximately 3.30km away, providing a reasonable commute option. Based on the provided photographs, the property appears to be in good condition. The interior is well-maintained and recently updated, with modern fixtures and fittings in the kitchen and bathrooms. There is no visible evidence of significant repairs or renovations required. The exterior also looks well-maintained. The property includes a garden, which is a desirable feature for many buyers. The garden appears to be of a reasonable size, offering space for outdoor activities and relaxation. Determining the reasonableness of the list price requires considering several factors. The list price is £400,000. While there is limited data on comparable properties in terms of square footage, the available information suggests that properties in the area generally sell for prices ranging from £170,000 to £350,000. The lack of square footage data for comparable properties makes a precise price per square foot comparison impossible. However, considering the property’s apparent good condition, desirable location, and inclusion of a garden, the list price of £400,000 may be at the higher end of the market value, but not necessarily unreasonable. Further investigation into comparable properties with available square footage data would be beneficial for a more precise price 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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