D B Roberts & Partners says ..

Property Oracle says ..

The property is a terraced house located on Church Street in St. Georges, Telford. It is a 2-bedroom, 1-bathroom property with a total area of 625 sqft and a small garden. The list price is £160,000. The location is positive, with a nearby primary school rated as “Outstanding” by Ofsted and other schools within a reasonable distance. Several train stations are also within a 10km radius, providing convenient access to public transportation. Based on the images, the property appears to be in need of some modernisation. The kitchen and bathrooms show their age and would benefit from updating. The interior decor is dated, and some areas, such as the bedrooms, show signs of wear and tear. The garden is small and requires maintenance. The average house price in the area is significantly higher (£412,056) than the list price of this property. However, the average size is 962 sqft, considerably larger than this 625 sqft property. The price per sqft in the area is £428, suggesting that the list price of £160,000 might be reasonable, especially considering the condition and smaller size of the property. However, the lack of plot size data makes a definitive statement about land value impossible. Further, the provided nearby listings show a range of prices, some lower and some higher than the list price of this property. This further supports the conclusion that the list price is within a reasonable range, given the property’s condition and size. Considering the condition, location, and price, the property presents a mixed bag. While the location is good and the price may be reasonable considering the area’s average, potential buyers should factor in the cost of necessary renovations and modernisation.

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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