Nest Estates says ..

Property Oracle says ..

The property is a 4-bedroom, 3-bathroom semi-detached house located in Bourne, Lincolnshire, with a list price of £375,000. The house has a plot size of 1,902.60 sqft and an internal area of 1,642.50 sqft. The property appears to be in good condition based on the images provided. The kitchen and bathrooms look modern and well-maintained. There is also a garden present. The average house price in the area is £252,300, significantly lower than the list price of this property. However, the average size is 884 sqft, considerably smaller than the 1,642.50 sqft of this property. The average price per sqft in the area is £285, while this property’s implied price per sqft (£375,000 / 1,642.50 sqft) is approximately £228. This suggests that, while the list price is higher than the average for the area, the price per sqft is lower, potentially indicating good value for money given the size of the property. The property’s location is near several schools, including Willoughby Academy and Bourne Grammar School, both within a kilometer. The presence of good-rated primary schools nearby (Bourne Elsea Park Church of England Primary Academy and Bourne Abbey Church of England Primary Academy) adds to the appeal of the location for families. Considering the property’s apparent good condition, the presence of a garden, its larger size compared to the average in the area, and its proximity to schools, the list price of £375,000 may be reasonable, although it’s higher than the area average. Further investigation into comparable properties in the immediate vicinity would be beneficial to confirm this assessment.

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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