Tim Russ & Company says ..

Property Oracle says ..

The property is located in Holmer Green, Buckinghamshire, a village with good local amenities including schools and transport links. The area is desirable, as evidenced by the higher average house price compared to the subject property’s list price. However, the average house size in the area is significantly larger (2,472 sqft vs 1,022.57 sqft), which needs to be considered when evaluating the price per sqft.

Based on the photos, the property appears to be in reasonable condition, though some modernisation may be desirable to enhance its appeal and market value. The kitchen, in particular, shows signs of age and could benefit from an upgrade. The property also benefits from a garden of a reasonable size (1,288.44 sqft), which adds to its desirability.

Considering the property’s condition, location, and land size, the list price of £650,000 appears relatively reasonable compared to the average price in the area (£1,175,854). The lower price may be attributed to the smaller size of the property compared to the average. However, the proximity to good schools and transport links, along with the presence of a garden, makes this property attractive to families. The property’s price per sqft is also lower than the area average (£475.00), further supporting the reasonableness of the asking price. Nearby comparable properties on Browns Road support this assessment, showing a range of prices that encompass the listed price.

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