PARTNERS IN PROPERTY says ..

Property Oracle says ..

The property is located in Old Barn Close, Hereford, Herefordshire. It is a 4-bedroom, 3-bathroom house with 1,274 square feet of living space and a 1,772 square foot plot. The list price is £835,000.

Based on the provided images, the property appears to be newly built and in excellent condition. The finishes are modern and high-quality. The garden is enclosed and of a good size.

The average house price in the area is £208,494, significantly lower than the list price of this property. However, the average price per square foot is £245, while this property is listed at a much higher price per square foot. This discrepancy is likely due to several factors. Firstly, this property is substantially larger than the average property in the area. Secondly, nearby comparable properties on Lower House Gardens have an average price of £817,500, suggesting this property’s price is in line with similar properties in the immediate vicinity. The high-quality finish and modern features also contribute to the higher price. The inclusion of solar panels and an air source heat pump further add to the value, reflecting current market trends towards energy efficiency. Finally, the property’s location in a desirable area, close to the well-regarded St Mary’s Cofe Primary School (0.90 KM), likely contributes to the higher price point.

Considering the size, condition, features, and location, the list price of £835,000 appears to be reasonable, although at the higher end of the market for the area. The price is justified by the property’s superior quality and features compared to the average property in the area.

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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