Express Estate Agency says ..

Property Oracle says ..

The property is a 3 bedroom detached bungalow situated on Chariot Road in Illogan Highway, Redruth, Cornwall. The list price is £380,000. The property appears to be in good condition. The images show a well-maintained interior and exterior. The kitchen and bathrooms are modern and clean. There is also evidence of a well-maintained garden. The property benefits from being close to several schools, including Treloweth Community Primary School (rated ‘Good’ by Ofsted) and Pool Academy (also rated ‘Good’). Redruth train station is approximately 3.24km away, providing a reasonable commute to other areas. While the plot size is listed as 0.00 sqft, the images clearly show a garden area of a reasonable size, suggesting the listing may be inaccurate. The garden appears well-maintained and includes a patio area and shed. Considering the average price per sqft in the area is £235.00, and this property is 778.23 sqft, a rough estimate of the expected value would be around £182,700. However, the average property price in the area is £468,178 and the average sqft is 1992 sqft, indicating that this property is significantly smaller than average. The list price of £380,000 is considerably higher than the estimated value based on sqft alone, but more in line with the average house price in the area. The discrepancy may be explained by the property’s condition, location, and the inclusion of a garden. Further investigation into comparable properties in the immediate vicinity would be beneficial to determine a more accurate valuation. Based on the information provided, the property seems to be reasonably priced considering its condition and location, although the size is smaller than average for the area. The lack of plot size information in the listing is concerning and might indicate an oversight.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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