Coppenwall says ..

Property Oracle says ..

The property is a four-bedroom, two-bathroom terraced house located in Greensclough, Rossendale. It is listed at £185,000 and has a plot size of 1,221 sqft. The average house price in the area is significantly higher at £293,538, with an average price per sqft of £289. However, this average is based on properties with an average size of 1,013 sqft, considerably smaller than the subject property. The property appears to be a traditional terraced house, showing some signs of modernisation within, but retaining original features. The condition of the property seems to be good. While some areas might benefit from updating, there is no significant evidence of disrepair or the need for extensive renovation. The property benefits from a garden, albeit a relatively small one. Given the property’s size (1,471 sqft) and the average price per sqft in the area (£289), a comparable property might be expected to cost around £425,000 (£289 x 1,471). The list price of £185,000 is considerably lower than this estimated value. However, it is important to note that the average price per sqft may not accurately reflect the value of this specific property due to differences in size and condition, and the lack of information on nearby comparable properties. The lower list price may reflect market conditions or other factors not apparent from the provided information. More detailed comparative market analysis would be required to definitively assess the value. The location appears to be reasonably convenient, with several schools within a short distance, including Bacup St Saviour’s Community Primary School (rated ‘Good’ by Ofsted) located just 0.21km away. The proximity to these schools may be a positive factor influencing the property’s value.

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