Geoffrey Collings & Co says ..

Property Oracle says ..

The property located on Hunstanton Road, Dersingham, is a detached house listed at £425,000. The average house price in the area is £265,511, significantly lower than the listing price. The average price per square foot is £302, but the property’s square footage is not provided, preventing a precise comparison.

The property appears to be in need of significant renovation. The interior photographs show outdated fixtures, worn carpets and wallpaper, and a generally tired aesthetic. The exterior shows a garden, but it also appears to be in need of attention. While there is a garage, the overall condition suggests a substantial investment would be required to bring the property up to modern standards.

The location, Dersingham, is a village in Norfolk. The proximity to several primary schools with good Ofsted ratings is a positive factor for families. However, information regarding transportation links is missing, which could impact the overall desirability of the location. The lack of information on local amenities and the distance to larger towns or cities also limits a full assessment of the location’s desirability.

Given the condition of the property and the lack of information on the plot size, it is difficult to definitively assess the value for money. The listed price is considerably higher than the average house price in the area. However, without knowing the square footage, a direct comparison using price per square foot is impossible. The higher prices of nearby properties suggest the area might have potential for appreciation, but this is speculative without more detailed information. Furthermore, the significant renovation needed will likely impact the final cost to the buyer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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