Fine & Country says ..

Property Oracle says ..

Leamington Spa Property Analysis

The property located at Newbold Terrace East is a 5-bedroom, 2-bathroom end of terrace house with a total area of 3,131 sqft. The list price is £1,250,000.

Location: Leamington Spa is a desirable town in Warwickshire, known for its excellent schools, beautiful Regency architecture, and convenient access to transport links. The proximity to several highly-rated primary schools (St Paul’s Cofe Primary School, Clapham Terrace Community Primary School, and St Anthony’s Catholic Primary School) is a significant advantage for families. The 1.51km distance to Leamington Spa train station provides good connectivity. These factors contribute to a high desirability and strong potential for capital appreciation.

Condition: The property appears to be in excellent condition. The images show a recently renovated interior with modern fixtures and fittings, tastefully decorated throughout. There is no visible evidence of disrepair or the need for significant renovation work.

Land: The property includes a sizeable rear garden, offering outdoor space for relaxation and entertaining. The garden is well-maintained and features a pergola and patio area. The presence of a garden adds considerable value to the property, especially in a desirable location like Leamington Spa.

Price: Considering the property’s size (3,131 sqft), location in Leamington Spa, excellent condition, and the inclusion of a garden, the list price of £1,250,000 requires careful consideration. The average price per sqft in the area is £345. While this property is significantly larger than average, the list price is substantially higher than the average house price (£361,341) in the area. Analysis of nearby comparable properties is needed to determine if this price reflects the current market value. The lack of sqft data for nearby properties prevents a precise comparison. However, the prices of nearby properties suggest that the list price is at the higher end of the market, potentially reflecting the premium associated with the property’s size, condition, and location.

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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