Davis Tate says ..

Property Oracle says ..

The property is located on Northumberland Avenue in Reading, Berkshire. It’s a three-bedroom, two-bathroom house with a total area of 1,148 square feet and a listed price of £425,000. The property benefits from being close to several schools, including The Palmer Primary Academy (rated ‘Good’ by Ofsted) located just 0.41km away. Reading train station is also within a reasonable distance, approximately 2.33km away, providing convenient access to transportation links.

Based on the provided photographs, the property appears to be in generally good condition. While some minor cosmetic updates might enhance its overall appeal, there are no visible signs of significant structural damage or extensive repairs needed. The kitchen and bathrooms seem well-maintained and modern.

The property includes a garden, although the images suggest it requires some landscaping and maintenance. The size of the garden, however, is not explicitly stated.

Considering the property’s condition, location, and the inclusion of a garden, the listed price of £425,000 appears slightly above the average price for the area (£290,804). However, the average price per square foot in the area is £323, while this property is listed at approximately £370 per square foot. This difference is likely influenced by factors such as the property’s proximity to good schools and its location on Northumberland Avenue, which, based on nearby property sales, commands higher prices. The nearby comparable sales on Northumberland Avenue range from £249,750 to £310,000, suggesting that the listed price is at the higher end of the spectrum for the street but not unreasonable given the property’s features and location. Further analysis of comparable properties with similar features and sizes would provide a more precise valuation.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images