Bluestone Sales and Lettings says ..

Property Oracle says ..

This property is a 3-bedroom terraced house located on Margaret Avenue in Newport, Wales. The list price is £195,000, and the property has a total area of 545 sqft and a plot size of 949 sqft. The location is within reasonable proximity to several schools, and Newport (South Wales) train station. The area appears to be residential, with other terraced houses of similar size and style nearby. The average price for properties on Margaret Avenue is £190,833. Based on the provided photographs, the property appears to be in a generally fair condition. The kitchen has recently been updated, appearing modern and well-maintained. However, other areas of the house, particularly the living room, show evidence of needing some level of renovation or modernisation. The flooring is dated and some cosmetic work would improve the property’s overall appearance. The garden is relatively small but appears usable. Considering the property’s condition, location, and plot size, the list price of £195,000 seems slightly high compared to the average price per square foot in the area (£354.00). The average house price in the area is significantly higher at £400,449, suggesting that this property may be priced competitively within its immediate vicinity. However, the need for some renovation work may impact its perceived value. Nearby comparable properties on Margaret Avenue have sold for between £132,000 and £190,000, suggesting the asking price is at the higher end of the range for properties in this location and condition.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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