Walker and Lewis Estate Agents Ltd says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom terraced house located in Heolgerrig, Merthyr Tydfil, with a list price of £130,000. The property has a total area of 714.72 sqft and is situated close to Heolgerrig Community School (0.49km) and other amenities. The average house price in the area is significantly higher, at £312,377, with an average price per sqft of £328. This suggests that the property may be underpriced compared to the local market average. However, further analysis is needed to determine if this is a true reflection of its value.

The property appears to be in reasonable condition, although some aspects could be improved. The interior is presented well, with modern decor and furnishings. The exterior, while functional, may benefit from some landscaping to enhance its curb appeal. The property also benefits from a small paved rear garden area. The lack of plot size information makes it difficult to accurately assess the land aspect.

Considering the property’s location near schools and amenities, its relatively good condition, and the potential for improvement, the list price of £130,000 appears to be competitive, particularly in comparison to other terraced houses in the area that have sold for similar prices. However, the significant difference between the average price per sqft in the area (£328) and the implied price per sqft for this property (£182) requires further investigation to determine if the discrepancy is justified by the condition or other factors.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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