Parkers Estate Agents says ..

Property Oracle says ..

The property is a 1 bedroom apartment located in Caversham, Reading. The apartment is modern and well-maintained, as shown in the provided images. It benefits from a small, but well-kept, private garden area. The location is convenient, with nearby schools (Micklands Primary School and Caversham Nursery School, both rated ‘Good’ or ‘Outstanding’ by Ofsted) and transportation links (Reading train station is approximately 2.52km away).

The list price of £200,000 is significantly lower than the average price for the area (£573,118). However, this is likely due to the smaller size of the property (514.53 sqft) compared to the average (1,316 sqft). The average price per sqft in the area is £435, suggesting that while the property is priced below average, it is not necessarily undervalued given its size. Further investigation into comparable properties of similar size and condition in the immediate vicinity would be beneficial to determine a more precise valuation.

Considering the property’s modern condition, convenient location, and the inclusion of a private garden, it presents reasonable value for money, especially when compared to other smaller properties in the area. The lack of plot size information may affect the overall land score.

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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