Melbourne Sales & Lets says ..

Property Oracle says ..

The property is located in Melbourne, South Derbyshire, and is a five-bedroom, three-bathroom house with 1,957 square feet of living space and a 2,039 square foot plot. The average house price in the area is £336,779, with an average price per square foot of £307. The property is listed at £695,000.

The property appears to be in good condition, with modern updates to the kitchen and bathrooms. The images show a well-maintained interior, and there is no visible evidence of significant repairs needed. The property benefits from a small, enclosed rear courtyard. While not expansive, it offers some outdoor space.

The location is in Melbourne, Derbyshire. The nearby schools, Melbourne Junior School and Melbourne Infant School, have good and outstanding Ofsted ratings respectively, indicating good educational opportunities. The proximity to these schools is a positive attribute for families. The presence of a train station, Peartree, within a reasonable distance, adds to the property’s convenience.

Considering the property’s condition, the relatively small plot size, and the location in Melbourne, the list price of £695,000 appears high compared to the average house price in the area. While the property is larger than average and has been well-maintained, the premium reflected in the list price needs to be justified by the specific features and desirability of the property within its immediate neighborhood. Further investigation into comparable properties in the immediate vicinity would be beneficial in determining a more accurate valuation.

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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