Chris Ball says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom detached house with a total area of 880 sqft situated on a plot of 0 sqft. The list price is £339,950. The property benefits from a garage and a garden. Images show a recently modernised interior in good condition with a contemporary style. The kitchen and bathrooms appear to be newly fitted. Considering the average house price in the area is £407,854 for a property of 1270 sqft, this property is smaller than average. The average price per sqft in the area is £321.00. Given the property’s size of 880 sqft, a comparable price might be expected to be around £282,480 (£321 x 880). However, the list price of £339,950 is higher than this estimate. Several nearby properties are listed at higher prices, suggesting the list price may be justified by the property’s modern condition and desirable features. The presence of a garage and garden could also contribute to the higher price. The property is located close to several schools with varying Ofsted ratings, including some with “Outstanding” ratings. This is a positive factor for families. The proximity to Lostock train station (2.29 KM) provides convenient access to public transportation. In summary, the property presents a number of positive aspects including its modern condition, convenient location near schools and transport links, and the inclusion of a garden and garage. However, the list price is above a simple calculation of average price per sqft in the area. Further investigation into recent sales of comparable properties in the immediate vicinity would be beneficial to determine the accuracy of the list price.

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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