Fraser Wood says ..

Property Oracle says ..

The property is located on Gorse Farm Road, Great Barr, Birmingham. Based on the provided data, it’s a three-bedroom semi-detached house with one bathroom, spanning 721.30 sqft on a 921.30 sqft plot. The list price is £219,950.

The property appears to be in reasonable condition. While not modern, it seems well-maintained and habitable. The kitchen and bathroom appear dated but functional. There is evidence of a garden, though it could benefit from some landscaping.

The average house price in the area is £292,326, significantly higher than the list price of this property. The average price per sqft is £282, while this property’s implied price per sqft (£219,950 / 721.30 sqft = £305) is slightly higher. However, considering the smaller size and slightly dated condition compared to the area average, the list price may represent reasonable value. Nearby comparable properties on Gorse Farm Road sold for between £56,000 and £182,000, suggesting some variability in pricing within the street. This variability may be due to differences in condition and plot size.

The property’s location benefits from proximity to several schools, including Hamstead Junior School and Holy Name Catholic Primary School, both rated ‘Good’ by Ofsted. Several train stations are within a reasonable distance, providing access to public transportation.

Considering the condition, location, and land, the property’s list price appears to be relatively competitive, especially when compared to the average price in the area. However, the price per sqft is slightly above average, which may be justified given the presence of a garden and the relatively good condition of the property.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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