Roger Parry & Partners says ..

Property Oracle says ..

The property is located in Lea Cross, Shrewsbury, Shropshire, and appears to be in good condition based on the provided images. The interior shows a well-maintained and recently updated kitchen and bathroom. The property exhibits features of a traditional property with exposed beams and characterful details. There is no visible evidence of significant disrepair or the need for extensive renovation. A sizeable garden is present, offering ample outdoor space. The presence of a shed and other outbuildings further enhances the outdoor area. The list price is £465,000. The average house price in the area is £231,277, and the average price per square foot is £226. Given the property’s size (1,624.39 sqft), a naive calculation based on average price per sqft would suggest a value significantly lower than the asking price. However, this calculation doesn’t account for the property’s apparent good condition, the presence of a substantial garden, and the potential premium associated with its traditional character and desirable features. A more thorough comparative market analysis considering similar properties in the area, including those listed nearby, is necessary to determine the reasonableness of the asking price. The lack of sqft data for nearby properties makes this comparison difficult.

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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