Paul Carr Land & New Homes says ..

Property Oracle says ..

The property is a 2-bedroom flat located in Lichfield, Staffordshire. It’s a modern flat forming part of a new build development, as evidenced by the provided images. The location is central Lichfield, within easy walking distance of Lichfield City train station and a number of schools. The property itself appears to be in excellent condition, with modern fixtures and fittings. The lack of plot size suggests it is an apartment style property with no private garden. The list price is £235,000. Considering the average price per square foot in the area is £333, and this property is 640 sqft, a rough estimate of the expected price would be around £213,000. However, the average property size in the area is significantly larger (968 sqft), and this property is considerably smaller. This, combined with the lack of outdoor space, may justify a lower price per sqft. The nearby comparable properties show a range of prices, some lower and some higher than the list price, making it difficult to definitively assess the value. While the property is smaller than average and lacks outdoor space, its modern condition and central location in Lichfield could support the asking price.

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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