Lamberts Sales and Lettings says ..

Property Oracle says ..

The property is located on St. Georges Road in Lodge Park, Redditch, Worcestershire. It’s a terraced house with 3 bedrooms and 2 bathrooms, and a plot size of 977 sqft. The list price is £175,000.

The property appears to be in reasonable condition. While some minor cosmetic updates might enhance its appeal, it does not appear to require extensive renovations. The kitchen and bathrooms are functional, although a modern update would be beneficial. The property benefits from having a garden, albeit a relatively small one.

Considering the average house price in the area is £198,750 and the average price per sqft is £208, the list price of £175,000 for this 770 sqft property seems slightly below average. However, this could be justified by the property’s condition and the relatively small size of the garden. Nearby comparable properties on St. Georges Road have sold for prices ranging from £96,000 to £155,000, suggesting that the list price is at the higher end of the range, but not unreasonable given the slightly better condition and larger plot size compared to some of the nearby properties. The proximity to schools and transport links adds to the property’s appeal and might justify a slightly higher price.

The location is positive, with convenient access to schools and transportation links. The presence of several schools within a short distance is a significant advantage for families. The proximity to Redditch train station provides convenient access to commuting options.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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