Paul Fox says ..

Property Oracle says ..

The property is a 3-bedroom house located on Cemetery Road in Scunthorpe, Lincolnshire. It\’s listed at £150,000 and has a total area of 1,032.26 sqft. The average price for properties in the area is £206,216, with an average price per sqft of £247. The property appears to be in reasonable condition based on the provided photos. While some minor cosmetic updates might enhance its appeal, there are no major visible issues requiring significant repair or renovation. The kitchen and bathroom seem functional, though some updating might be considered. The property benefits from a garden, which adds to its overall appeal and value. The size of the garden appears to be adequate for a property of this type. Considering the property’s condition, the presence of a garden, and its location, the list price of £150,000 seems relatively reasonable compared to the average price of £206,216 in the area. However, the lack of plot size information in square footage prevents a more precise assessment of land value. The property’s price per sqft is lower than the area average, suggesting it might be competitively priced, especially given its apparent condition. Nearby comparable properties on Cemetery Road are listed at prices ranging from £73,000 to £140,000, indicating a degree of price variation in the immediate vicinity. The proximity to schools and transportation are positive aspects of the location. The presence of Outwood Academy Brumby and St Hugh’s Special School within close proximity is a significant advantage. The close proximity to Scunthorpe train station also enhances the property’s appeal.

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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