Nicholas James says ..

Property Oracle says ..

The property is a three-bedroom terraced house listed at £400,000. The location in South Portslade benefits from relatively close proximity to several primary schools, with options ranging from \‘Requires Improvement\’ to \‘Outstanding\’ Ofsted ratings within approximately 1km. The nearest railway station, Fishersgate, is only 0.42km away, providing convenient access to public transport. While the provided data lacks specifics on local shops and amenities, the presence of nearby streets with higher average prices (e.g., The Crescent at £491,650) suggests a potentially desirable area. However, without precise details on the property’s proximity to these amenities and the overall character of the immediate neighborhood, a definitive location score is difficult to ascertain.

The images reveal a property that appears to be in good condition. The interior shows recent modernization in the kitchen and bathroom, while the living areas present a clean and well-maintained aesthetic. There is no visible evidence of significant repairs or renovations needed. The garden is a notable feature, presenting a well-maintained lawn and decking area. This contributes positively to the overall impression of the property’s condition.

The lack of square footage data for the property itself and its plot prevents a precise assessment of land size and value per square foot. However, the presence of a garden, as shown in the images, indicates a positive attribute. Further information on the garden’s dimensions would allow for a more detailed evaluation.

Considering the list price of £400,000, the average house price in the area is significantly higher at £816,912, and the average price per sqft is £604. However, the absence of the property’s square footage makes direct comparison challenging. Nearby comparable properties on Stanley Road are listed between £182,500 and £400,000, indicating some price variation within the street. The lack of sqft information for these properties also limits a precise analysis of pricing reasonableness. Considering the apparent good condition, the presence of a garden, and the relatively convenient location, the £400,000 list price could be considered competitive, particularly in comparison to lower-priced properties on the same street. However, a definitive conclusion on price value requires additional information.

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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