Fletcher & Poole says ..

Property Oracle says ..

The property is a detached bungalow situated on Withington Avenue, Old Colwyn, Conwy, Wales. It has two bedrooms and one bathroom, and is 841 square feet in size. The list price is £249,950.

The property benefits from a relatively good location, with nearby schools such as Old Colwyn Junior C.P. School (0.76 km), Ysgol Bryn Elian (0.95 km), and Ysgol T. Gwynn Jones (1.30 km). Colwyn Bay train station is also within a reasonable distance (3.35 km). The area has a mix of property types and price ranges, with some properties commanding significantly higher prices. However, it’s important to note that the provided data on nearby properties lacks square footage information, making direct comparisons difficult.

Based on the photographs, the property appears to be in need of some modernisation. While the kitchen has recently been updated, other areas of the house, such as the living room and bedrooms, show dated décor and carpeting. The garden is present, but requires some maintenance.

Considering the average price per square foot in the area (£261) and the property’s size (841 sq ft), a rough estimate of the property’s value based solely on this metric would be around £219,500. However, this is a simplified calculation and doesn’t consider the property’s condition, the land size, or other factors that influence market value. The list price of £249,950 is therefore slightly higher than a purely size-based valuation would suggest. This discrepancy may be justified by the recently renovated kitchen or the property’s location, but further analysis would be needed to confirm this. The lack of plot size information also makes a complete evaluation of price versus value more challenging.

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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