Jon Brambles says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom detached house located in Hounsfield Close, Newark, Nottinghamshire. It has a list price of £240,000 and is 899 sqft with an 819 sqft plot size. The property appears to be in good condition, with no obvious signs of significant repair or renovation needs. The interior is presented well, and the kitchen and bathroom seem relatively modern. The garden is of a reasonable size for a property of this type. Considering the average house price in the area is significantly higher (£450,572) and the average price per sqft is £311, the list price of £240,000 for this 899 sqft property seems relatively low. However, it’s important to note that the average price and price per sqft may not accurately reflect the value of this specific property due to differences in size, condition, and features. Nearby comparable properties are needed to confirm this assessment. The nearby properties listed show a wide range of prices, making it difficult to draw a definitive conclusion on the value of this property without more detailed information. The lack of sqft information for the nearby properties makes direct comparison difficult. The location is reasonable, with relatively close proximity to several schools (although Ofsted ratings vary) and train stations. More information on the quality of local amenities and the desirability of the specific area would be needed to provide a more comprehensive assessment of the location score.

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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