Sharman Quinney says ..

Property Oracle says ..

The property located on Spencer Street in Raunds, North Northamptonshire is a two-bedroom, one-bathroom terraced house listed at £190,000. The average house price in the area is £259,400, with an average price per square foot of £308. However, the square footage of the subject property is not provided, preventing a direct comparison based on price per square foot.

The property’s condition appears to be good based on the provided image. The brickwork looks well-maintained, and the windows seem relatively modern. More detailed internal photographs would be needed for a complete assessment.

The property’s location is positive. It is within close proximity to several schools, including Raunds Park Infant School (0.19km), Manor School (0.30km), and St Peter’s Church of England Academy (0.43km). The presence of good schools nearby is a significant advantage for families. The lack of information regarding nearby transportation links prevents a full evaluation of this aspect of the location.

Information on the property’s plot size is missing. Therefore, no assessment of the land can be provided.

Considering the list price of £190,000 in comparison to the average price of £259,400 in the area, the property could be considered reasonably priced, potentially even undervalued, depending on its actual square footage and condition. However, without the square footage, a conclusive statement on value for money cannot be made. The nearby comparable properties show a range of prices, some lower and some higher than the listing price, further highlighting the need for more information to accurately assess the price. The absence of square footage data for the comparable properties also limits the effectiveness of this comparison.

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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