Newton Fallowell says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom detached house located on Scalford Road in Melton, Leicestershire. The list price is £400,000, and the property has 1,150 sqft of living space. The plot size is not specified. The property appears to be in good condition, with modern fixtures and fittings visible in the provided photographs. The kitchen and bathrooms are contemporary, and the overall presentation suggests the property is well-maintained and ready to move into. There is evidence of a garden. The location is in Melton Mowbray, Leicestershire. The area has good transport links via the East Midlands Railway, located 1.24 KM from the property. Several schools are within a reasonable distance, including John Ferneley College (rated ‘Good’ by Ofsted) which is approximately 1.01 KM from the property. The proximity to amenities and schools makes this a desirable location for families. Considering the average house price in the area is £717,932 and the average price per sqft is £427, the list price of £400,000 for this 1,150 sqft property appears to be significantly below average. However, without knowing the specific plot size and the reason for the price difference, it is difficult to definitively assess its value. The nearby properties listed show a wide range of prices, making it challenging to establish a clear market value 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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