Your Move says ..

Property Oracle says ..

The property is located in Carlisle, Cumbria, a city in North West England. The area has a mix of housing types and is relatively close to local amenities. The proximity to Robert Ferguson Primary School (0.26km) is a positive for families, and the presence of Carlisle train station (1.26km) provides convenient transport links. However, the average house price in the area (£265,698) significantly exceeds the list price of this property (£125,000), suggesting potential value but also raising questions about the property’s condition or other factors affecting its valuation.

Based on the images, the property appears to be in reasonable condition. The interior is clean and seems well-maintained, with modern kitchen units and a recently fitted bathroom. There is no visible evidence of significant damage or disrepair. The property benefits from having a garden, although it appears to be relatively small and might require some landscaping.

The list price of £125,000 is considerably lower than the average house price in the area (£265,698). While this initially suggests good value, the average price per square foot in the area (£346) is not directly comparable due to the lack of square footage data for the nearby properties. The significantly lower price may reflect the smaller size of the property (497.29 sqft) compared to the area average (767 sqft), or it could indicate that the property has some hidden issues not apparent from the images. Further investigation into the property’s specifics would be needed to fully assess the price’s reasonableness.

Considering the property’s location, condition, and the presence of a garden, the price may represent good value if the property is as presented in the images. However, the substantial difference between the list price and the average area price warrants further investigation into potential factors that might explain this discrepancy.

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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