Allen & Harris says ..

Property Oracle says ..

The property is located in Cowley, Oxford, a suburb with a mix of housing types. The area benefits from several nearby primary schools, all rated \‘Good\’ or better by Ofsted, making it attractive to families. The proximity to several railway stations, while requiring a short commute, offers good transport links to other parts of the UK. The average house price in the area is £382,308, and the average price per square foot is £396. Based on the images, the property appears to be in need of modernisation. The kitchen and bathroom are dated, and the interior decor is tired. The property is in need of some renovation to bring it up to modern standards. The garden is a decent size and well maintained, adding to the property’s appeal. Considering the property’s condition, the list price of £450,000 seems slightly high compared to the average price in the area. While the property benefits from a garden and a good location, the need for renovation will likely impact the final sale price. Nearby comparable properties on Bailey Road and surrounding streets show a range of prices, some lower than the list price, suggesting a degree of negotiation may be possible. The lack of square footage data for many of the comparable properties makes a precise comparison difficult. The property’s size at 1,000 sqft is slightly larger than the average for the area, but this factor alone does not justify the higher asking price given the condition.

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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