Parsons & Co says ..

Property Oracle says ..

The property is located in Dereham, Norfolk, and is an end of terrace house with 4 bedrooms and 3 bathrooms. The property is 1,180.59 sqft and has a small garden. The list price is £270,000.

The average house price in the area is £409,125, significantly higher than the list price of this property. The average price per sqft is £181, while this property’s price per sqft is considerably lower. However, it’s important to note that the average sqft for the area is 2,258 sqft, much larger than the property in question. The smaller size and lower price point may be due to the property being an end of terrace, rather than a detached or semi-detached property.

Nearby properties on London Road have sold for between £120,000 and £240,000, suggesting that the list price is at the higher end of the range for similar properties in the area. However, the lack of sqft data for these comparable properties makes a precise comparison challenging.

The property appears to be in good condition based on the provided images. The kitchen and bathrooms are modern and well-maintained. There is also evidence of a small garden, although the plot size is not specified.

The proximity to several schools with good Ofsted ratings is a positive aspect of the location. However, information regarding public transportation is missing.

Considering the lower price per sqft compared to the area average, the good condition of the property, the presence of a garden, and the proximity to good schools, the list price of £270,000 appears to be relatively reasonable, although perhaps slightly on the higher side given the smaller size of the property compared to the area average. Further information on the plot size and local transportation links would allow for a more definitive assessment.

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

Images