Number One Real Estate says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom house located in Pillgwenlly, Newport, with a list price of £180,000. The property has a total area of 953 sqft and is situated on a plot of 0.00 sqft. The average house price in the area is significantly higher at £400,449, with an average size of 1,131 sqft and an average price per sqft of £354. Considering the average price per sqft in the area is £354, and this property is 953 sqft, a rough estimate of the expected price would be approximately £336,762 (£354 x 953). However, the list price is significantly lower at £180,000. This suggests a potential undervaluation, but further investigation is needed to determine the reason for this discrepancy. The smaller plot size compared to the average in the area may contribute to this lower price. The property appears to be in good condition based on the provided images. It is modern and well-maintained, with updated fixtures and fittings. The interior is clean and well-presented. There is evidence of a small, manageable garden space, which is a positive feature. The location is close to Newport (South Wales) train station, which is approximately 2.48 KM away. There are also several primary schools within a reasonable distance, the closest being Sporting Chance at 0.29 KM. The proximity to transportation and schools is advantageous. Given the apparent good condition, the relatively small plot size, the lower list price compared to the average price per sqft, and the convenient location, the property presents a potentially good value proposition, although the significant difference in price compared to the average house price in the area requires further investigation. Additional factors not provided, such as the specific type of property and any potential issues not visible in the images, could also influence the overall assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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