YOUR MOVE Murray Rogers says ..

Property Oracle says ..

This three-bedroom terraced house in Alum Rock, Birmingham is listed at £250,000. The property benefits from a recently updated kitchen and bathrooms, as shown in the provided images. However, other areas of the house appear to require some modernisation. The property includes a garden with a patio and shed.

The average house price in the area is £161,125, significantly lower than the listing price. Nearby comparable properties range from £48,000 to £260,000, indicating a wide price range in the immediate vicinity. The lack of square footage information for the subject property and comparables makes a precise price-per-square-foot comparison difficult. However, the average price per square foot in the area is £182.00. Given the condition and the need for some modernisation in parts of the house, the asking price of £250,000 appears high compared to the average house price in the area. The proximity to schools and transport links is a positive factor.

Overall, this property presents a mixed bag. While it has some positive aspects like a modern kitchen and bathrooms, and a garden, the need for modernisation in other areas and the high asking price compared to the average house price in the area are significant considerations.

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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