Jon Brambles says ..

Property Oracle says ..

The property located at Hounsfield Close, Newark is a 3-bedroom semi-detached house with 1 bathroom, offering 766 square feet of living space and a 716 square feet plot. The location benefits from relatively close proximity to Newark North Gate train station (2.60 KM) and several schools, including The Newark Academy (rated ‘Good’ by Ofsted) and Newark Orchard School (also rated ‘Good’). However, there’s also a school nearby (Hope House School) with an ‘Inadequate’ Ofsted rating, which potential buyers should consider.

Based on the provided images, the property appears to be in reasonable condition, though some updating or cosmetic improvements might enhance its appeal. The garden is relatively small, but it does provide some outdoor space.

Considering the list price of £170,000, the average house price in the area (£450,572) and average price per sqft (£311), this property seems comparatively underpriced. However, it’s important to note that the average price per sqft is based on properties significantly larger (1,447 sqft average vs 766 sqft for this property) and that the provided nearby listings show a range of prices for similar properties, with some significantly lower. The lower prices of some nearby properties on Hounsfield Close itself suggest that the list price might reflect the smaller size and plot of this particular property.

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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