HoldenCopley says ..

Property Oracle says ..

The property is a 5-bedroom, 1-bathroom link detached house located on Melton Road in Tollerton, Nottinghamshire. The list price is £500,000, and the property has a size of 1,783.58 sqft. The images show a property that appears to be well-maintained and recently updated, particularly the kitchen and bathroom. There is also a good-sized garden. The average house price in the area is £253,324, significantly lower than the list price of this property. However, the average property size is 870 sqft, considerably smaller than the 1,783.58 sqft of this property. The average price per sqft in the area is £291. While the list price is higher than the average, the larger size of the property and its apparent good condition could justify a higher price per sqft. Nearby comparable properties on Melton Road range in price from £250,000 to £550,000, suggesting some price variation depending on size and condition. The presence of a garden is a positive factor, especially considering many properties in the area may not have one of this size. Tollerton’s proximity to schools and transportation links, although not explicitly detailed in terms of quality, is a generally positive attribute for family buyers. Considering the property’s size, apparent condition, and the presence of a garden, the list price of £500,000 may be within the range of market value for similar properties in the area, although it is higher than the average. More specific details on the condition of the property and the exact plot size would be beneficial for a more precise valuation.

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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