Parks Estate Agents says ..

Property Oracle says ..

The property is a two-bedroom flat in a modern building, constructed around 2008. The interior photos show a contemporary design with neutral tones and modern fixtures. The kitchen and bathroom appear well-maintained and in good condition. The property includes allocated parking, a significant advantage in a city like Bristol. The location, Nags Head Hill in St George, Troopers Hill, places it within reasonable proximity to several amenities. The presence of nearby schools, such as Air Balloon Hill Primary School (rated ‘Good’ by Ofsted), is a positive factor for families. Several transportation links are also within a reasonable distance, although specific travel times would require further investigation. The average property price in the area is considerably higher than the listed price of this property, suggesting it might be undervalued. The average price per square foot in the area is £577, while this property’s implied price per square foot (given its size of 627 sqft and list price of £189,999) is significantly lower. This discrepancy needs to be considered in the context of the property type (flat vs houses) and the fact that the sqft data for nearby properties is missing. The lack of information regarding garden space prevents a definitive assessment of the “land” aspect. The listing mentions an allocated parking space, but not a private garden. Considering the property’s apparent good condition, the convenient location with nearby amenities and transport links, and the significant difference between its implied price per square foot and the area average, the list price appears to be reasonable, if not potentially a good value, especially considering it is a flat. The lower price could be attributed to the smaller size compared to the average house in the area or possibly due to the flat’s type. Further investigation into comparable recent sales of similar flats in the immediate vicinity would strengthen this analysis.

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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