Waller & Farnworth says ..

Property Oracle says ..

The property is located in Erdington, Birmingham, and is a 2-bedroom, 1-bathroom house with a total area of 500 sqft. The property benefits from a small rear garden. The property is currently undergoing some exterior renovations. Internally, the property appears to be habitable, although the decor is dated and may require updating to meet modern tastes. The kitchen and bathroom appear functional, but again, are in need of modernisation. The average house price in the area is £190,953, with an average price per sqft of £255. Given the property’s size (500 sqft), a rough estimate based on average price per sqft would be around £127,500. However, the list price is £190,000, which is significantly higher than this estimate. Considering the property’s condition and the need for modernisation, the list price appears to be on the higher end of the market value. Nearby properties on Watt Road have sold for prices ranging from £123,500 to £213,000, further supporting the idea that the list price may be slightly inflated. The lack of plot size information also makes it difficult to fully assess the value. The location is reasonably good, with nearby schools (Featherstone Primary School, Featherstone Nursery School) receiving a “Good” Ofsted rating and relatively close proximity to Erdington train station. However, the lack of land (a small garden only) may be a drawback for some buyers.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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