Martin & Co says ..

Property Oracle says ..

The property is a 5 bedroom, 2 bathroom end of terrace house located on Main Street, Hemington, Derby. It is situated in the East Midlands region of England. The property has a list price of £500,000 and is 1,800 square feet. The plot size is not specified. The property benefits from being close to Hemington Primary School (0.13km), which has a good Ofsted rating. Other schools within a reasonable distance include Castle Donington College and St Edward’s Church of England Primary School, also rated good by Ofsted. Long Eaton and East Midlands Parkway train stations are within approximately 6km, providing convenient transport links. Based on the images provided, the property appears to be in good condition. It features a modern kitchen, updated bathrooms, and exposed wooden beams, suggesting a blend of modern and traditional features. The property also has a well-maintained garden, offering outdoor space. Considering the average house price in the area is £289,667 and the average price per square foot is £381, the list price of £500,000 for this 1,800 sqft property seems high. However, this is influenced by the larger size of the property compared to the average and the presence of a garden, a feature not present in many of the nearby properties. Nearby comparable properties range significantly in price, from £76,000 to £1,000,000, indicating a wide price range in the area. The lack of sqft data for the comparable properties makes a precise price comparison difficult. The property’s location, close to good schools and transport links, also contributes to its value. The property appears to be a period property that has been modernised.

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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