Hannells Estate Agents says ..

Property Oracle says ..

The property is a detached bungalow located on Ismay Road in Chaddesden, Derby. It offers two bedrooms and one bathroom, with a total area of 790.50 sqft. The list price is £265,000. The property benefits from a garden, which appears well-maintained, and includes additional structures such as sheds. The interior is presented in good condition, with modern updates to the kitchen and bathroom. The property appears clean and well-maintained, suggesting it is in good condition. The average house price in the area is significantly higher at £376,338, with an average size of 997 sqft and an average price per sqft of £377. However, nearby comparable properties on Ismay Road show a range of prices from £95,000 to £165,000 for semi-detached properties. A nearby detached property sold for £95,000. This suggests that the list price of £265,000 may be at the higher end of the market for this specific location and type of property. The lack of sqft information for comparable properties makes a definitive price per sqft comparison difficult. The location benefits from proximity to several schools, including Meadow Farm Community Primary School (rated ‘Good’ by Ofsted) and St Alban’s Catholic Voluntary Academy. Transportation links are also relatively close, with Derby train station approximately 3.19 km away. Considering the property’s condition, the presence of a garden, and its location relative to schools and transportation, the list price of £265,000 requires careful consideration in relation to comparable properties in the immediate vicinity. While the property itself is presented well, the higher list price compared to other properties on the same street suggests potential overvaluation.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images