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Property Oracle says ..

Portishead Property Analysis

The property is a 3-bedroom, 1-bathroom terraced house located on Avon Way, Portishead, North Somerset. It has a plot size of 774 sqft and an internal area of 568.21 sqft. The list price is £279,950.

Location: Portishead is a desirable coastal town in North Somerset. The property’s proximity to local schools, including Gordano School (rated Outstanding by Ofsted) and several good primary schools, is a significant positive. The distance to train stations at Nailsea & Backwell and Avonmouth, while not immediately close, provides access to wider transport links. The average house price on Avon Way is £220,000, suggesting the property’s location is reasonable.

Condition: Based on the provided images, the property appears to be in generally good condition, though some modernisation might enhance its appeal. The kitchen and bathrooms show signs of age, which is reflected in the overall presentation. There is no clear evidence of significant repair needs. The garden is a notable feature, adding to the property’s overall value.

Land: The property benefits from a garden, which is a desirable feature, especially in a family-oriented area like Portishead. The size of the garden is relatively modest but provides outdoor space.

Price: Considering the average house price in Portishead (£740,833) and the average price per sqft (£511), the list price of £279,950 for this 568.21 sqft property appears to be significantly below average. However, the average price and price per sqft are likely skewed by larger, more expensive properties in the area. Comparing it to nearby similar properties on Avon Way (average price £220,000) and West Hill (£275,000), the price seems more reasonable. The lower price point may be due to the age and style of the property, as well as the need for some modernisation.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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