Oliver Reilly says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom terraced house located in Fernwood, Newark, Nottinghamshire. It is listed at £260,000 and has a floor area of 1,512.38 sqft.

The location appears to be family-friendly, with several schools within a reasonable distance. Chuter Ede Primary School, rated as “Outstanding” by Ofsted, is approximately 1.55km away. The proximity to Newark North Gate and Newark Castle train stations provides convenient access to public transportation. The property also benefits from having a private enclosed rear garden, which is a desirable feature for families.

Based on the provided images, the property appears to be in excellent condition, with a recently modernised kitchen and bathrooms. The interior is well-maintained and presented to a high standard. The property also benefits from having a garage.

Considering the average house price in the area is £355,677 and the average price per sqft is £339, the asking price of £260,000 for this property seems reasonable, especially considering its condition and the inclusion of a private garden. However, it’s worth noting that the average sqft in the area is significantly lower (1,048 sqft) than this property (1,512.38 sqft), which might influence the pricing. Nearby comparable properties support this assessment, with prices ranging from £142,995 to £450,000, although the sqft data for these properties is missing, making a precise comparison difficult.

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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