Cooke Curtis & Co says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom semi-detached house located on Langham Road in the Coleridge area of Cambridge. It has a list price of £575,000 and is 1,105 square feet. The property benefits from a garden. The average house price in the area is £467,368, with an average price per square foot of £531. While the property is larger than average (1,105 sqft vs 880 sqft), its condition significantly impacts its value. The images reveal a property in need of modernisation. The carpets, wallpaper, and kitchen appear dated and worn, suggesting a need for renovation. This would be a considerable cost for a buyer to factor into their budget. The location is positive, with several good schools within a reasonable distance (Ridgefield Primary School and Coleridge Community College are both rated ‘Good’ by Ofsted and are less than 0.20km away). Cambridge city centre is also within easy reach, providing access to amenities, transport links, and employment opportunities. The proximity to several train stations (Cambridge, Cambridge North, etc.) adds to the convenience of the location. Considering the property’s need for modernisation, the relatively small plot size, and the average price per square foot in the area, the asking price of £575,000 appears high. While the location is desirable, the cost of renovation could significantly impact the overall value proposition. A more accurate assessment of the property’s worth would require a detailed survey to quantify the cost of necessary repairs and renovations.

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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