Crofts Estate Agents says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom house located in Louth, Lincolnshire, with a list price of £43,750. The property has a total area of 810.59 sqft and a plot size of 879.41 sqft. The property appears to be in good condition based on the provided photographs. The interior is presented well, with modern fixtures and fittings. There is a small garden area which is enclosed. The average house price in the area is significantly higher, at £330,894, with an average price per sqft of £308. This suggests that the list price of £43,750 is considerably lower than the average for the area. However, it is important to note that the average price and price per sqft are based on properties of a different size and type. The lack of information regarding the size of the nearby properties makes direct comparison challenging. The smaller size and lower price of this property could be attributed to several factors, including its location, age, or specific features. Further investigation into comparable properties in the immediate vicinity would be beneficial to determine a more accurate valuation. The property’s proximity to several schools, including Greenwich House School and St Michael’s Church of England School, both rated ‘Good’ by Ofsted, is a positive attribute. However, the distance to these schools is not specified, which makes it difficult to definitively assess the convenience of their location. There is no information regarding nearby transportation links. In summary, while the property appears well-maintained and benefits from a relatively convenient location near schools, the significantly lower price compared to the area average requires further investigation and comparison with similar properties to fully assess its value.

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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