Nicholas Percival says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom house located at St. Monance Way, Colchester, Essex. It has a plot size of 929.50 sqft and a total area of 284.75 sqft. The property benefits from a garden and appears to be in good condition based on the provided photographs. The kitchen and bathroom have recently been updated. The location is convenient for local schools, with several good-rated primary schools within a short distance. Public transportation is also readily available, with Hythe (Essex) train station being 1.96 km away. The proximity to shops and the A12/A120 adds to the convenience of the location. Considering the property’s condition, location, and the presence of a garden, the list price of £320,000 appears reasonable. The average price for properties in the area is £348,914, and the average price per sqft is £356. While the property is smaller than average (284.75 sqft vs 979 sqft), its updated features and desirable location likely justify the price. Nearby comparable properties on St Monance Way have sold for similar prices, further supporting this assessment. However, it is worth noting that the lack of sqft data for nearby listings makes a precise comparison challenging.

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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