Steve Gooch Estate Agents says ..

Property Oracle says ..

The property is located in Tibbs Cross, Littledean, Cinderford, Gloucestershire, England. The area has a mix of property types, with detached properties commanding significantly higher prices than semi-detached properties. The average house price in the area is considerably higher than the list price of this property, at £560,989 compared to £325,000. However, this average is skewed by the presence of much larger and more expensive detached homes in the vicinity. The average price per square foot in the area is £273, while this property is listed at a significantly lower price per square foot, given its size of 800 sqft. Several nearby primary schools have a “Good” Ofsted rating, and Dene Magna School, a secondary school, has an “Outstanding” rating. These schools are within a reasonable distance from the property, making it potentially attractive to families. The property itself appears to have a small garden area, although the exact plot size is not specified.

Based on the provided images, the property appears to be in need of some modernisation and updating. While structurally sound, several areas show signs of wear and tear, including some wall damage in one of the bedrooms. The kitchen and bathroom appear dated, and the overall aesthetic suggests a need for renovation to bring it up to modern standards. The property’s traditional character could be appealing to buyers seeking a period property, but the necessary renovations will represent a significant cost.

Given the lower price point compared to other properties in the area, and considering the need for renovations, the list price of £325,000 may be considered reasonable for a buyer willing to undertake the necessary improvements. However, the lack of precise plot size information and the absence of details on nearby transportation options limit a complete assessment of the property’s value.

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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