Pattinson Estate Agents says ..

Property Oracle says ..

The property is a 1-bedroom apartment located in Waltham Abbey, Essex. The list price is £140,000. The average price for properties in the area is significantly higher at £384,646, and the average price per square foot is £506. However, the provided data does not include the square footage of the subject property, making a direct comparison challenging. The lack of square footage data also prevents an accurate assessment of the price per square foot for this specific property. The apartment appears to be in reasonably good condition, although some updating may be desirable to enhance its appeal. The images suggest a functional layout, but the overall aesthetic might benefit from some modernisation. There is evidence of a small amount of outdoor space, which is a positive aspect. The location is within reasonable proximity to transportation links and schools. Several schools are within a 2.5km radius, offering various educational options. The proximity to transport links is also a positive factor, increasing the property’s convenience. Given the lack of square footage information, a definitive assessment of the property’s value relative to the average price per square foot in the area is not possible. However, the list price of £140,000 is considerably lower than the area average of £384,646. This significant difference warrants further investigation to understand the factors contributing to this price discrepancy. It is possible that the smaller size of the apartment, or the need for some modernisation, accounts for this difference.

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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