PFK says ..

Property Oracle says ..

The property is located in Penrith, Cumbria, a popular market town in the North West of England. The area benefits from good local amenities and transport links, with Penrith train station approximately 2.56km away providing access to Avanti West Coast and Northern Trains services. Several schools are within a reasonable distance, including Beaconside Cofe Primary School (rated ‘Good’ by Ofsted) and North Lakes School (also rated ‘Good’). The proximity to these schools is a positive factor for families. The property itself is a detached house with a sizeable plot, suggesting ample outdoor space. The images show a well-maintained garden and a double garage. The interior appears to be in good condition, with a modern kitchen and updated bathrooms. The property’s size (1,434.90 sqft) is larger than the average for the area (862 sqft). Considering the average house price in the area is £269,000 and the average price per sqft is £312, the listing price of £450,000 for this property requires further analysis. While the property is larger than average and boasts a good location and condition, the asking price is significantly higher than the average. Further investigation into comparable properties on The Parklands, which show prices ranging from £250,000 to £355,000, suggests that the £450,000 price may be at the higher end of the market value. However, the additional features such as the larger plot size, double garage, and apparent good condition could justify a premium. A detailed comparative market analysis of similar properties in the immediate vicinity would be needed to definitively assess the reasonableness of the price.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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