Carter Jonas says ..

Property Oracle says ..

This property is a 2-bedroom, 1-bathroom terraced house located in St. Martins, Marlborough, Wiltshire, with a list price of £315,000. The property has a total area of 710.42 sqft and benefits from a garden. The average house price in the area is significantly higher at £516,333, with an average price per sqft of £503. This suggests that the property may be underpriced compared to the local market average. However, it’s important to note that the average sqft for the area is 1,026 sqft, considerably larger than this property. The smaller size may account for the lower list price, despite the seemingly good location. Nearby comparable properties show a range of prices, with some significantly higher and others lower than the list price. The lack of sqft data for these properties makes a direct comparison difficult. The property appears to be a period property, retaining some original features, which is often desirable in the UK housing market. The condition of the property seems to be good, although some minor renovations might enhance its value. The garden is a positive attribute, especially in a desirable location like Marlborough. The proximity to well-regarded schools (Marlborough St Mary’s CE Primary School and St John’s Marlborough, both rated ‘Good’ or ‘Outstanding’) is a significant advantage, likely increasing desirability and potentially justifying a higher price point. The lack of information regarding nearby transportation options limits the analysis in that area. In summary, while the list price appears lower than the average for the area, the smaller size of the property and the available data on comparable properties suggest that the price may be reasonable, considering the location and features. Further investigation into the specific condition and any required maintenance would be beneficial for a more precise valuation.

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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