Platform Housing Group says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located in Farndon & Fernwood, Newark and Sherwood, Nottinghamshire. The list price is £94,500, and the property has 770 sqft of living space. The average house price in the area is significantly higher at £355,677, with an average price per sqft of £339. Considering the provided images, the property appears to be newly built or in excellent condition. The finishes are modern and there is no visible evidence of wear and tear or the need for renovation. While the plot size is listed as 0.00 sqft, the external photos show a small front garden and what appears to be a communal green space nearby. This suggests some access to outdoor space, although not a large private garden. The location is a new housing development. The proximity to Newark North Gate and Newark Castle railway stations offers convenient access to transportation links. Several schools are within a reasonable distance, including Chuter Ede Primary School, which has an Outstanding Ofsted rating. However, the lack of detailed information on local amenities and the overall character of the immediate neighbourhood limits a full assessment of the location’s desirability. Given the low list price compared to the average house price in the area (£94,500 vs £355,677), and considering the apparent new build condition of the property, the price may initially seem exceptionally low. However, the small plot size and the lack of information on the specifics of the location need further investigation to fully determine whether the price reflects the true market value. Further analysis of comparable properties in the immediate vicinity would be beneficial.

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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