Clark Estates says ..

Property Oracle says ..

The property is located in Fernwood, Newark, Nottinghamshire. It’s a four-bedroom, two-bathroom terraced house with a total area of 1,225.47 sqft and a plot size of 1,411.15 sqft. The list price is £220,000.

The average house price in the area is significantly higher at £355,677, with an average price per sqft of £339. This property is listed at a lower price per sqft than the average, which could indicate good value, however, more information is needed to confirm this.

Based on the images provided, the property appears to be in reasonable condition. While there is evidence of some wear and tear, and some rooms appear cluttered, there is no immediate indication of significant structural damage or the need for extensive renovation. The property benefits from a garden, which is a desirable feature.

The proximity to schools, such as Chuter Ede Primary School (rated Outstanding), is a positive aspect of the location. The distance to Newark North Gate and Newark Castle train stations suggests reasonable access to public transportation.

Considering the lower price per sqft compared to the area average, the presence of a garden, and the relatively good condition of the property, the list price of £220,000 appears to be potentially reasonable, but further detailed analysis would be needed to confirm this. The lack of information about the property estimate and the sqft of nearby listings prevents a definitive conclusion on the 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. *

Images