Foden Property Ltd says ..

Property Oracle says ..

The property is a 3-bedroom house with 1 bathroom, listed at £385,000. It has a total area of 1,112.99 sqft and is situated in a location with several amenities nearby. The average house price in the area is £412,056, with an average price per sqft of £428. The property’s location is convenient, with Wellington railway station being 0.81km away. Several schools are also within a reasonable distance, including Charlton School (0.47km) and Wrekin College (0.62km). The presence of these amenities contributes to a positive location score.

The images show the property to be in relatively good condition. The kitchen and bathroom appear recently updated or well-maintained. While the flooring and some of the decor in the bedrooms are quite basic, there is no apparent need for major repairs or renovations. This suggests a good condition score.

The property’s plot size is listed as 0.00 sqft, indicating a lack of significant garden space. This is a factor to consider when assessing the overall value.

Considering the property’s condition, location, and lack of extensive land, the list price of £385,000 appears slightly below the average price for the area (£412,056). However, the average price per sqft in the area (£428) is lower than the implied price per sqft for this property (£346). While the property is in good condition and has a convenient location, the absence of a substantial garden might explain the slightly lower price compared to the average for the area. Therefore, the price seems reasonable in the context of the local market, though not exceptional value.

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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