Peter Mulcahy says ..

Property Oracle says ..

The property is located on Alexandra Road in Hengoed, with a list price of £139,950. It’s an end-of-terrace house, offering 3 bedrooms and 1 bathroom across 745 sqft. The plot size is listed as 0.00 sqft, suggesting a small or non-existent garden.

The average house price in the area is significantly higher at £252,500, with an average price per sqft of £223. This suggests the property may be underpriced compared to the local market average. However, the average price per sqft data is unavailable for this property, preventing a precise comparison. Several nearby properties on Alexandra Road sold for prices ranging from £52,000 to £180,000, indicating considerable price variation on the street. This may be due to differences in property size, condition, and features.

The property appears to be in reasonable condition based on the provided images. The interior shows some dated features and decor, but there is no visible evidence of significant damage or disrepair requiring extensive renovation. The kitchen and bathrooms appear functional, although the style is somewhat outdated. The exterior of the property is clean and well-maintained, and the presence of a small paved patio area offers some outdoor space.

The property’s proximity to Hengoed train station (0.31 km) is a positive aspect, providing convenient access to public transport. Several primary and secondary schools are within a reasonable distance, further enhancing its appeal to families.

Given the property’s location, condition, and apparent lack of significant land, the list price of £139,950 seems relatively reasonable, especially when considering the lower end of the price range of comparable properties on Alexandra Road. However, the absence of plot size data for the comparable properties makes a definitive price comparison difficult. A more detailed property survey would be required to provide a more precise assessment of the property’s value.

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

Images