The list price of £425,000 seems reasonable, when considering comparable properties in the vicinity. While the exact square footage of nearby properties is not given, the price seems in line with the overall market for three-bedroom bungalows in the area. The need for modernisation might slightly lower the price compared to properties in better condition, but overall the price is well-placed.

Based on the provided images, the property appears dated and in need of modernisation. The kitchen and bathroom are notably outdated, and the décor throughout is quite tired. While structurally sound, significant cosmetic updates would enhance its appeal and market value.

The property is located in Chichester, a desirable city in West Sussex, known for its historic city centre, good schools, and relatively easy access to the coast and London. The proximity to Chichester train station, offering links to London and Gatwick, adds value. While the immediate street average price data is unavailable, nearby streets like Langton Road show comparable prices suggesting this location holds its value.

The property boasts a decent sized garden, as evidenced by the photos, providing outdoor space which is a plus in this area. While the plot size is not specified numerically, this does not appear to be an exceptionally large garden, but is sufficiently sized to add value over a property without.