Paul Fox says ..

Property Oracle says ..

The property is a 3-bedroom bungalow located on Priory Lane in Scunthorpe, Lincolnshire. It is listed at £325,000 and has 891.67 sqft of living space. The average house price in the area is £162,823, with an average price per sqft of £148. Nearby properties are predominantly semi-detached and detached bungalows, with prices ranging from £85,000 to £157,500. The property benefits from a good location, with several schools within a short distance. Priory Lane Community School and Melior Community Academy are both nearby, and while Priory Lane Community School requires improvement according to Ofsted, Melior Community Academy has a ‘Good’ rating. Transportation links are also convenient, with Scunthorpe train station approximately 2.23km away. Based on the images provided, the property appears to be in good condition. The kitchen and bathroom have recently been updated, and the property presents a well-maintained and modern aesthetic. There is a garden present, though its size is not specified. Considering the property’s condition, location, and the presence of a garden, the list price of £325,000 appears high compared to the average house price in the area and nearby comparable properties. The average price per sqft in the area is £148, while this property is listed at a significantly higher price per sqft. However, the modern updates to the kitchen and bathroom, along with the desirable features of a bungalow and garden, might justify a higher price than the average for the area. More information on the plot size would be beneficial in providing a more precise valuation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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