Roger Platt says ..

Property Oracle says ..

Lambs Lane, Spencers Wood, Reading is located in a desirable area with good access to local amenities and transport links. The property benefits from being close to Lambs Lane Primary School, which is rated ‘Good’ by Ofsted. Several other schools are within a reasonable distance, providing options for families. Commuting is facilitated by the proximity to several train stations, including Mortimer, Reading West, and Reading, offering connections to various parts of the country.

The property appears to be in generally good condition, although some aspects suggest it may benefit from modernisation. The interior shows a consistent style throughout, suggesting it has been well-maintained. However, the decor is dated, and an update could enhance its appeal and value. The kitchen and bathroom, in particular, show signs of age and could be improved. The property also benefits from a well-maintained garden, providing ample outdoor space.

The list price of £725,000 is significantly higher than the average price for the area (£576,429). However, without the square footage of the property, a definitive assessment of value per square foot cannot be made. Further, the lack of comparable properties with similar specifications in the immediate vicinity makes a direct price comparison challenging. The size of the plot and the overall condition of the property will influence its final market value. A comprehensive survey would be beneficial to determine the property’s true worth. A thorough inspection and valuation by a qualified surveyor would be recommended to gain a complete understanding of the property’s market value.

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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