Martin & Co says ..

Property Oracle says ..

The property is a six-bedroom, six-bathroom house located in the Arboretum area of Derby, Derbyshire. The list price is £310,000. The area’s average house price is £212,676, with an average price per square foot of £241. However, the square footage of the subject property is not provided, preventing a direct comparison using price per square foot. The property appears to be in good condition based on the provided photographs. The interior is modern and recently renovated, with updated kitchens and bathrooms. There is no information on the presence of a garden or outdoor space. The location in the Arboretum area of Derby is positive. Nearby amenities include Stonehill Nursery School (0.18km), Dale Community Primary School (0.32km), and several other schools and children’s centers within a reasonable distance. Train stations such as Peartree (1.90km) and Derby (2.59km) provide convenient access to public transportation. Considering the average house price in the area (£212,676) and the lack of square footage information for this property, it’s difficult to definitively assess the reasonableness of the £310,000 list price. However, the property’s size (six bedrooms, six bathrooms) suggests it is substantially larger than the average property in the area. Nearby comparable properties on Stonehill Road sold for significantly less, ranging from £114,000 to £145,000. However, these properties may not be directly comparable in terms of size and condition. The higher list price may reflect the property’s renovated condition and larger size. Further information regarding the property’s square footage would be needed to make a more accurate assessment.

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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