Lawson Rose says ..

Property Oracle says ..

The property is a 5-bedroom, 3-bathroom house with a total area of 2,997.10 sqft. The list price is £695,000. The property benefits from a sizeable rear garden, which includes a patio area, lawn, and a hot tub. The images show a recently renovated or extended property, which appears to be in excellent condition throughout. The extension includes a large open-plan kitchen/diner and living area. The property also benefits from ample off-street parking. The average house price in the area is £327,245, significantly lower than the list price of this property. However, the average price per sqft in the area is £45, while this property is listed at a much higher price per sqft. This discrepancy may be explained by several factors. Firstly, the property has undergone significant renovations and extensions, resulting in a high-quality finish and modern open-plan living spaces. Secondly, the property is located in Southsea, a desirable area in Portsmouth known for its coastal location, good schools, and proximity to amenities. The nearby listings show a range of property prices, with some detached properties exceeding £600,000. The higher price of this property may also be justified by the number of bedrooms and bathrooms, which is significantly higher than the average in the area. The presence of a garden further enhances its value. Considering the property’s condition, location, and additional features, the list price, while higher than the area average, appears to reflect the property’s value within the context of the local market.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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