James Du Pavey says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom detached house located in Madeley, Staffordshire, with a list price of £400,000. The property has a total area of 1,786 sqft and is situated on a plot of 0.00 sqft. Images show the property to be modern, newly built, and in excellent condition with a well-maintained garden. The average house price in the area is £283,684, significantly lower than the asking price of this property. However, the average house size is 962 sqft, considerably smaller than this property’s 1786 sqft. The average price per sqft in the area is £294, suggesting that the property’s price per sqft is higher than the area average, but not excessively so given its size and apparent condition. Nearby comparable properties range in price from £135,000 to £450,000, with several detached properties in the £200,000-£300,000 range. The higher end of this range is closer to the asking price of this property, which is consistent with the larger size and modern condition of the house. Madeley High School and Sir John Offley Cofe (Vc) Primary School are both within a reasonable distance of the property, suggesting a good location for families. The property appears to be located in a new build development, which may contribute to its higher price compared to older properties in the area. The lack of information on nearby transportation options limits a full assessment of the location score. The property itself is modern, well-presented, and appears to be in excellent condition, with no visible signs of needing renovation. The presence of a garden is also a positive factor. Considering the size, condition, and location of the property, the list price of £400,000 appears to be within the range of comparable properties in the area, although on the higher end. The premium is likely due to the modern build, excellent condition, and larger size than the average property.

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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