Harris + Wood says ..

Property Oracle says ..

This two-bedroom terraced house in Colchester, Essex, is situated on Albert Street, a location that offers easy access to Colchester’s city centre and the train station, providing excellent transport links. The property is within walking distance of several schools, including the well-regarded North Primary School, which will be beneficial to families. The property appears to be well maintained, although some interior updates may be desired depending on the tastes of the buyer. Images depict a relatively compact living space; The kitchen is functional, and the bathroom seems adequate, but an update might increase the overall appeal. The property benefits from a small, enclosed rear yard, offering some degree of private outdoor space.

The average price for properties on Albert Street is £177,500. While the list price of £225,000 is higher than the average, it is in line with some of the higher-priced comparable properties listed in the nearby listings data. The lack of provided square footage for the comparison properties makes it difficult to determine a precise price per square foot and therefore accurately assess the value of the property. Given the location, the condition of the property and limited outdoor space, the list price appears reasonable within the context of the local market. Further investigation into the property’s specific features, condition report, and recent local sales are recommended to ensure an informed decision. Potential buyers should consider the advantages of the location and transport links. However, buyers should factor in the potential costs of future improvements and updating the property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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