de Mel Property says ..

Property Oracle says ..

The property is a 4-bedroom, 3-bathroom detached house located in Bishops Cleeve, Gloucestershire, with a list price of £550,000. The property has a total area of 1,042.90 sqft and sits on a plot of 1,449.50 sqft. Bishops Cleeve benefits from good local schools such as Bishops Cleeve Primary Academy and Cleeve School, both rated ‘Good’ by Ofsted. The area also has relatively easy access to transport links, with Ashchurch for Tewkesbury and Cheltenham Spa train stations within a reasonable distance.

The property itself appears to be in excellent condition. The images show a modern, well-maintained interior and exterior. The kitchen and bathrooms are contemporary and updated, and the overall presentation suggests minimal need for renovation or repair. The property also benefits from a garden, offering outdoor space.

Considering the average house price in the area is £207,730, and the average price per sqft is £248, the list price of £550,000 for this 1,042.90 sqft property seems high. However, this needs to be considered in the context of the property’s apparent excellent condition, the relatively large plot size, and its location in Bishops Cleeve, which appears to be a desirable area with good schools and transport links. Nearby comparable properties show a range of prices, with some significantly higher than the average, suggesting that the list price may reflect the premium associated with larger properties in good condition within this specific area. More data points on comparable properties are needed to make a more definitive statement on the value for money.

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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