ANDERSON BRIGGS says ..

Property Oracle says ..

Glenfield is a popular residential area in Leicester, known for its family-friendly atmosphere and good schools. The property’s proximity to Glenfield Primary School (rated ‘Good’ by Ofsted) and other well-regarded schools in the area is a significant advantage, making it attractive to families. The presence of nearby transportation links to Leicester and Narborough also enhances its accessibility. However, the average house price in the area is considerably higher than the list price of this property, suggesting it might be undervalued.

Based on the provided images, the property appears to be in good condition. The interior has been recently updated with modern fixtures and fittings, suggesting minimal need for immediate repairs or renovations. The kitchen and bathroom have been recently modernised. The property benefits from a relatively sizable garden, providing additional outdoor space.

Considering the property’s condition, location, and the presence of a garden, the list price of £280,000 appears to be significantly below the average price for the area (£483,067). While the average price per square foot in the area is £402, this property’s smaller size (876.94 sqft) and lower list price may indicate a good value proposition, especially given its recent renovations. However, a more detailed comparison with similar properties in the immediate vicinity would be beneficial to further confirm this assessment. The lack of sqft data for nearby properties makes a direct comparison difficult. The nearby properties on Glendale Avenue show a range of prices, some significantly lower than the list price of this property, but without sqft data it’s difficult to draw firm conclusions.

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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