Newton Fallowell says ..

Property Oracle says ..

The property is a 3 bedroom, 2 bathroom detached house located in Fosdyke, Boston, Lincolnshire. It has a list price of £325,000 and is 1,720 square feet with a 1,452.90 square foot plot. The property appears to be in good condition, with a modern kitchen and updated bathrooms. The interior is well-maintained and presented. The exterior also appears well-maintained with a garden and outbuildings. The property benefits from a conservatory and a garage. The plot size is relatively small, but sufficient for a property of this size. There is a garden area, which is a positive feature, and ample off-road parking. The average house price in the area is £487,813, significantly higher than the list price of this property. The average price per square foot is £469.00, while this property is listed at a considerably lower price per square foot. However, several nearby properties on Old Main Road have sold for considerably less than the average price for the area, suggesting that this property’s price may be more in line with the local market than the overall area average. The lower price may be due to the smaller plot size compared to other properties in the area. Nearby schools are a reasonable distance away, approximately 5-8km. The Ofsted ratings of the nearby schools are mixed, with one rated as “Good” and another as “Requires Improvement”. The proximity to schools is a factor to consider for families. Given the good condition of the property, the presence of a garden, and the lower-than-average price per square foot in the context of local comparable sales, the list price appears reasonable, although further investigation into the specific reasons for the lower price compared to the area average would be beneficial.

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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