Lime Living Ltd says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom house with a total area of 718.49 sqft and a plot size of 810.52 sqft. The list price is £114,950. The property appears to be in reasonable condition, with recent renovations to the kitchen and bathroom. There is no visible evidence of significant damage or disrepair. The exterior is a standard brick terraced house. The small rear garden is relatively small, but it is enclosed and provides some private outdoor space. The location is in Holmewood, a village in North East Derbyshire. The proximity to nearby schools and Chesterfield train station could be attractive to families. However, the area’s average house price (£561,961) and price per sqft (£432.00) are significantly higher than the property’s list price and size. This suggests that the property may be undervalued relative to the wider area, but this could be due to the property being a smaller terraced house compared to the average. Further investigation into comparable properties in the immediate vicinity would be needed to confirm this. Considering the condition, location, and land size, the list price of £114,950 appears to be relatively low compared to the average price per sqft in the area. However, the lack of comparable properties with sqft data makes it difficult to definitively assess the value. The smaller size and terraced nature of the property compared to the area average may account for the lower price.

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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