Mark Webster & Company says ..

Property Oracle says ..

The property is located on Frederick Road in Gun Hill, New Arley, Warwickshire. It’s a semi-detached house with 3 bedrooms and 1 bathroom, spanning 808 square feet on a plot of the same size. The list price is £170,000.

The property appears to have recently undergone some modernisation, with a new kitchen and what seems to be a recently updated bathroom. The interior is presented in a clean, neutral style. The exterior also appears well-maintained with a small front garden and a larger, enclosed rear garden. There is also off-street parking.

The average house price in the area is significantly higher at £321,198, with an average price per square foot of £176. However, nearby comparable properties on Frederick Road are listed at prices ranging from £91,000 to £225,000, suggesting that the list price of £170,000 may fall within the lower to mid-range of the market for this street. The smaller size of the property compared to the area average (808 sqft vs 1815 sqft) also contributes to the lower price point.

The location benefits from being close to Arley Primary School, which has a ‘Good’ Ofsted rating, and other well-regarded schools within a reasonable distance. Atherstone train station is also relatively close by, providing convenient access to other areas.

Given the property’s condition, size, location, and the prices of comparable properties, the list price appears to be reasonably competitive within the context of the local market. While the average house price in the wider area is substantially higher, the specific street shows a much lower average, making the list price justifiable.

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

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