Homewise says ..

Property Oracle says ..

The property is a new build, 4 bedroom, 3 bathroom detached house located on Arterial Road, Rayleigh, Essex. The property benefits from a good-sized rear garden. Based on the provided images, the property appears to be in excellent condition with modern fixtures and fittings throughout. The location is convenient, with relatively easy access to Rayleigh train station (1.5km) providing links to London. There are also a number of schools within a reasonable distance, including Cedar Hall School (rated ‘Good’ by Ofsted) and Thundersley Primary School (also rated ‘Good’).

The list price of £335,000 is significantly lower than the average house price in the area (£435,000). However, it’s important to note that the provided data suggests that the average house size is larger (1417 sqft vs 1201 sqft). The lower price may reflect the fact that this is a new build property being sold as a Lifetime Lease, and therefore is not a freehold property. The average price per sqft in the area is £306, while the price per sqft for this property would be approximately £279. This suggests that the price may represent good value, especially considering the apparent high-quality finish and modern design. Further investigation into the specifics of the Lifetime Lease would be advisable to fully assess the value proposition.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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