Fenn Wright says ..

Property Oracle says ..

The property is located in Boxted, a village to the north of Colchester in Essex. Boxted benefits from a good primary school, Boxted St Peter’s Church of England School, which is rated ‘Good’ by Ofsted and is approximately 1.95km from the property. Other schools within a 3-4km radius include Littlegarth School, The St Aubyn Centre Education Department, Camulos Academy, and The Bishop William Ward Church of England Primary School, offering families a range of educational options. The proximity to Colchester provides access to a wider range of amenities and transport links, including Colchester train station (5.42km).

Based on the provided photographs, the property appears to be in generally good condition, although some aspects may require modernisation or updating to meet contemporary standards. The interior shows a lived-in aesthetic, with visible signs of age and wear in some areas. The property’s character features, such as exposed beams, add to its charm, but potential buyers should factor in potential costs associated with maintaining and updating these features, as well as other areas of the property. The exterior also appears well-maintained.

The property includes a garden, which is a desirable feature in the UK housing market, particularly in rural areas. While the size isn’t explicitly stated, the photos show a garden of reasonable size, offering outdoor space for relaxation and recreation. The presence of a shed adds to the property’s storage capabilities.

The list price of £450,000 for a 1,240 sqft property in Boxted is noteworthy when compared to area averages. The average price in the area is significantly higher at £609,264, and the average price per sqft is £344. This property’s price per sqft is considerably lower than the average. However, the average sqft for the area is 1,767 sqft, which is considerably larger than the 1,240 sqft property in question. Nearby comparable properties show a range of prices, with some exceeding the list price and others falling below. The lower price of this property may reflect its smaller size and the need for potential modernisation, but it also presents a potentially attractive opportunity for buyers seeking a property in this desirable location at a more competitive price point. Further investigation into the specifics of comparable properties and their features would be beneficial in determining the overall value of this property.

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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