Masons Sales says ..

Property Oracle says ..

This three-bedroom, two-bathroom end-of-terrace house in Louth, Lincolnshire is listed at £200,000. The property benefits from a relatively modern interior and a good-sized garden with a shed. The kitchen and bathrooms appear to be well-maintained and recently updated. The flooring throughout is modern and consistent.

The property’s location within Graye Drive places it reasonably close to several schools, with St Bernard’s School being the closest at 0.65km. While specific Ofsted reports for all nearby schools are not provided, the proximity to at least one school rated “Good” suggests a positive aspect for families.

The average house price in the area is £222,851, with an average price per square foot of £142. Given that the subject property is 914.93 sqft, a simple calculation suggests a fair market value in the region of £130,000. However, the list price of £200,000 appears high relative to the average price per sqft in the area and the prices of similar properties on Graye Drive. Nearby comparable properties show a significant range in pricing, with some significantly lower than the listing price.

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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