McHugh & Co says ..

Property Oracle says ..

The property at 11 Victoria Avenue, Granville Street, Hull, HU3 6AZ is a terraced house listed for £30,000. Given the lack of information regarding the property’s square footage and plot size, a comprehensive analysis using price per square foot is not possible. However, we can still assess the property based on available data.

The location in Newington & Gipsyville, Hull, benefits from relatively close proximity to several schools, including St George’s Primary School (rated ‘Good’ by Ofsted) and Newington Academy (‘Outstanding’). Transportation links are also within a reasonable distance, with several train stations accessible within a few kilometers.

Based on the image provided, the property appears to be in need of some renovation. The exterior shows signs of wear and tear, suggesting that the internal condition may also require attention. The presence of building materials and debris in front of the property further supports this assessment. There is a small front garden.

Considering the list price of £30,000, and comparing it to nearby property sales on Granville Street ranging from £19,950 to £120,000, the property seems potentially undervalued, particularly given the average house price in the area of £125,114. However, the significant variation in prices of nearby properties and lack of information on the size of the subject property makes it difficult to definitively assess the value. The average price per square foot in the area is £152.00, but without the square footage of the subject property, this metric cannot be applied.

In summary, while the location offers some advantages in terms of schools and transport, the property’s condition requires significant renovation. The list price is considerably lower than the average for the area, but its value remains difficult to ascertain definitively without more property-specific data.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images