Sterling Estate Agents & Valuers says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located in Brooklands, Old Colwyn, with a list price of £245,000. The property has a total area of 350 sqft and sits on a plot of 0.00 sqft. This suggests a lack of significant garden space.

The average house price in the area is £274,497, significantly higher than the list price of this property. However, the average house size is 1050 sqft, considerably larger than the property in question. The average price per sqft in the area is £261, which, when applied to this property’s 350 sqft, would suggest a value closer to £91,350. This discrepancy needs further investigation.

The property’s condition appears to be dated, requiring some level of modernisation and updating. The interior design and fixtures are consistent with a property that has not been recently renovated. The exterior of the property appears to be in reasonable condition, although the images do not provide a comprehensive view of the property’s exterior. The presence of a shed in the small garden is noted.

The location is close to several schools, including Ysgol Bryn Elian (1.52km), Ysgol T. Gwynn Jones (1.61km), and Old Colwyn Junior C.P. School (1.65km). The proximity to Colwyn Bay train station (4.12km) provides convenient access to public transportation. However, the provided data does not offer details on the quality of local shops or other amenities.

Considering the smaller size, dated condition, and relatively low list price compared to average prices in the area, the property may represent good value for money if the buyer is prepared to undertake renovations. However, the significant difference between the property’s size and the area average suggests that a direct price-per-square-foot comparison may not be entirely accurate. Further investigation into the specifics of the property’s condition and the local market would be needed to provide a definitive assessment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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