Tom Giles & Co says ..

Property Oracle says ..

The property is located on Causeway, Rowley Regis, in the West Midlands. Based on the provided information, it’s a three-bedroom house with a garden and a list price of £200,000.

The property appears to be in need of some modernisation and updating. The interior photos show dated decor, worn carpets and some minor damage to the ceiling in the kitchen. The bathroom and kitchen are particularly in need of refurbishment. The garden also appears overgrown and requires some attention.

The property benefits from having a garden, although it needs some work. The size of the plot is 1,097 sqft.

Considering the property’s condition, the need for modernisation, and the presence of a garden, the asking price of £200,000 needs to be considered in relation to comparable properties in the area. Nearby properties on Causeway have sold for between £100,000 and £120,000, although these properties’ sizes are not specified. Other nearby properties, while not directly comparable due to differences in size, type, and condition, have sold for prices ranging from £150,000 to £250,000. Without specific square footage data for these comparable properties, a precise price per square foot analysis cannot be performed to determine whether the £200,000 asking price is reasonable. However, given the property’s condition, the asking price appears to be at the higher end of the range for similar properties in the area. Further investigation into the size and condition of comparable properties would be needed to provide a more accurate assessment of value.

The proximity to Rowley Regis train station (1.18km) and several primary and secondary schools within a reasonable distance suggests a convenient location. However, more detailed information about the quality of local amenities and the overall desirability of the area would be needed for a complete location assessment.

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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