Pygott & Crone says ..

Property Oracle says ..

The property is a 3 bedroom, 2 bathroom detached house located on Meridian Walk, Holbeach, Spalding, Lincolnshire. The house is presented in good condition and benefits from a modern kitchen and bathrooms. The property also has a good-sized garden.

Considering the average price per square foot in the area is £78, and this property is listed at £280,000 with 1,339.14 sqft, the price per sqft is approximately £209. This is significantly higher than the average for the area. However, the property appears to be well-maintained and modern, which could justify a higher price per square foot. The location is also a factor; proximity to schools such as The Holbeach William Stukeley Church of England Voluntary Aided Primary School (rated ‘Good’ by Ofsted) and Holbeach Primary Academy (also rated ‘Good’) could increase desirability. The presence of a garden adds value, although the exact size relative to other properties in the area isn’t provided to allow for a more precise assessment.

Nearby comparable properties on Meridian Walk range in price from £138,000 to £300,000. The lack of square footage data for these comparables makes direct comparison difficult. However, the range suggests that £280,000 is within the upper range of prices for similar properties in the immediate vicinity.

In summary, while the list price is higher than the average price per square foot for the area, the property’s good condition, modern features, and desirable location near good schools could justify the higher price. More information on the size of the garden and precise details of comparable properties would allow for a more definitive assessment of the price’s reasonableness.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images