Durden & Hunt says ..

Property Oracle says ..

This property is a one-bedroom, one-bathroom apartment located in Abigail Court, Ongar, Essex. The apartment is situated in a pleasant residential area, close to Ongar town centre, which offers local amenities such as a convenience store and a health centre. The property itself appears to be in good condition based on the provided photographs. The interior is clean, modern and well-maintained. While the apartment is relatively small (332.27 sqft), it is efficiently laid out and makes good use of space. The property also benefits from a small, well-maintained garden area.

Considering the average price per square foot in the area is £449, and this property is listed at £150,000, the price seems reasonable. However, it is significantly lower than the average house price in the area (£512,500), which is likely due to the property being a smaller apartment in a retirement complex. Nearby comparable properties support this assessment, with similar one-bedroom apartments in the same complex listed at similar prices. The proximity to local amenities and schools also adds to the property’s value.

The location score is good due to its proximity to amenities and schools. The condition score is high due to the apparent good state of repair and modern feel. The land score is moderate as the property has a small garden, but it is not extensive. The price score is relatively high, given the lower price point compared to the average house price in the area, but reflects its size and the fact that it is an apartment within a retirement complex.

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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