Smiths Property Experts says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom detached house located in East Leake, Nottinghamshire. The list price is £485,000, and the property has 1,439.60 sqft of living space and a 1,674.00 sqft plot. The average price for a property in the area is £313,279, with an average price per sqft of £287. The property appears to be in good condition. The images show a well-maintained interior and exterior. The kitchen and bathrooms look clean and modern, and the living areas are spacious and well-lit. There is evidence of a garden, which appears to be of a reasonable size. The location is in a desirable area of East Leake, Nottinghamshire. It is within reasonable proximity to several schools, including Lantern Lane Primary and Nursery School and East Leake Academy, both of which have a good Ofsted rating. There are also several transportation links nearby, including Loughborough train station, which is approximately 6.77 KM away. Considering the property’s condition, location, and plot size, the list price of £485,000 seems reasonable. While it is above the average price for the area, the larger size (1,439.6 sqft versus the average of 1,090 sqft) and the inclusion of a garden justify the higher price. Nearby comparable properties support this assessment, with several detached houses in the area listed for prices between £340,000 and £475,000. The lack of sqft information for these comparable properties makes a precise per sqft comparison impossible, however, the overall price range strongly indicates that £485,000 is a competitive price for this 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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