KJT Residential says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom semi-detached house located in Newnham, Gloucestershire. The list price is £320,000. The property is modern in style and appears to be in excellent condition, with a well-maintained garden. The location is positive, with a good primary school (Newnham St Peter’s Church of England Primary School) within close proximity (0.23km). While there is no information on nearby transportation, the average house price in the immediate area (£411,429 for Severnbank Avenue) suggests a desirable location. Based on the images, the property is in excellent condition. The kitchen and bathrooms are modern and well-equipped. The interior is presented well and there is no visible evidence of needing repair or renovation. The garden is a significant feature, with a patio area and well-established plants. Considering the average price per square foot in the area (£273), the list price of £320,000 for a 525 sq ft property seems high. However, the property’s excellent condition, modern features, and well-maintained garden may justify the higher price. It is important to note that the average property size in the area is considerably larger (2048 sqft compared to 525 sqft). This smaller size may account for the difference. Further, the average house price in the area is significantly higher than the list price of this property. The property benefits from a good location, excellent condition, and a well-maintained garden. The price, while seemingly high compared to the average price per square foot, may be justified by the property’s overall quality and desirable features.

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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