Whitegates says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom detached house located on Hands Road in Heanor, Derbyshire. It has a list price of £340,000 and a plot size of 1,262.28 sqft. The house is presented in good condition and appears well-maintained based on the provided images. The kitchen and bathrooms have been recently updated. The property benefits from a garden and a detached garage.

The average house price in the area is £221,234, significantly lower than the list price of this property. However, the average house size is 935 sqft, considerably smaller than the 1,197.27 sqft of this property. The average price per sqft in the area is £236.00, which when applied to this property’s size suggests a value of approximately £283,000. The property’s list price of £340,000 therefore represents a premium, likely reflecting its larger size, updated condition, and desirable features such as the garden and garage. The location is also a factor, with nearby schools receiving good Ofsted ratings and relatively easy access to rail links via nearby stations.

Considering all factors, the property appears to be reasonably priced, although at the higher end of the market for the area. The premium is likely justified by the property’s condition, size, and features.

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