harveyrobinson says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom detached house located in St. Ives, Cambridgeshire. The list price is £425,000, and the property has 766 sqft of living space. The average price for properties in the area is £399,821, with an average size of 1,135 sqft and an average price per sqft of £352. The property benefits from being close to several schools, including Eastfield Infant and Nursery School (0.39km), Westfield Junior School (0.65km), and Wheatfields Primary School (1.30km), all of which have a good Ofsted rating. This is a positive factor for families. Based on the provided images, the property appears to be in reasonable condition. While it is not brand new, it seems well-maintained and habitable. The decor is dated in places, but the fixtures and fittings appear functional. There is evidence of some modernisation in the kitchen and bathroom, suggesting that significant renovation may not be immediately necessary. The garden is a decent size, offering outdoor space. Considering the average price per sqft in the area (£352) and the property’s size (766 sqft), a rough estimate of the property’s value would be around £269,992. However, the list price is £425,000, which is significantly higher than this estimate. Several nearby properties have sold for less, further suggesting that the list price may be somewhat inflated. The lack of plot size information prevents a more precise assessment of value. The fact that the property is detached, in a desirable location near schools, and has a garden, may justify a higher price per square foot compared to the area average. However, the significant difference between the list price and the estimated value based on average price per sqft requires further investigation to determine if the list price is reasonable.

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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