Mooved says ..

Property Oracle says ..

Spilsby Meadows is a three-bedroom, two-bathroom terraced property located in Spilsby, Lincolnshire. The property is listed at £155,000 and has a plot size of 843 sqft. The average house price in the area is £194,636, with an average price per sqft of £176. The property appears to be in good condition, with a modern kitchen and bathrooms. The décor is contemporary and the property seems well-maintained. There is a small, enclosed garden with a patio area, providing some outdoor space. The property’s proximity to several well-regarded schools, including The Eresby School (Outstanding Ofsted rating) and Woodlands Academy (Outstanding Ofsted rating), is a significant positive. The schools are within a reasonable distance, making it an attractive option for families. While the property itself appears well-maintained, the average price per sqft in the area (£176) is significantly higher than what the property offers. Considering the smaller size (635.60 sqft) and the average house price, the asking price of £155,000 may be slightly above average for the area. However, the good condition, garden, and proximity to highly-rated schools could justify the price for some buyers. Further analysis of comparable properties in the immediate vicinity would be needed to definitively assess the price’s reasonableness.

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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