Oliver Rayns says ..

Property Oracle says ..

Stoneygate Road, Stoneygate, Leicester, LE2 is a 5 bedroom, 3 bathroom detached property listed at £700,000. The property is 1,948.90 sqft and sits on a 2,600.60 sqft plot.

The property is located in Stoneygate, Leicester. Based on the provided data, Stoneygate appears to be a desirable area with several schools nearby, including Leicester Islamic Academy (rated ‘Good’ by Ofsted) and Leicester Preparatory School. The proximity to Leicester train station (2.46 km) provides convenient access to transportation. While the average house price in the area is significantly lower (£305,921), the provided data on nearby properties shows a range of prices, with some exceeding the listing price of this property. The lack of sqft data for these comparable properties makes a precise price per sqft comparison difficult. However, the average price per sqft in the area (£299) is considerably lower than what one might expect for a property of this size and apparent quality in a desirable location such as Stoneygate.

The property appears to be well-maintained and in good condition. The images show a recently renovated interior with modern fixtures and finishes. The exterior also appears to be in excellent condition. The property includes a garden, which adds to its desirability.

Given the property’s size, location, condition, and the inclusion of a garden, the list price of £700,000 appears to be at the higher end of the market, but not unreasonable considering the premium commanded by properties in desirable areas like Stoneygate. The higher price may be justified by the property’s size, condition, and the relatively limited supply of comparable properties in the area. Further analysis of comparable properties with accurate sqft data would help to refine this assessment. The property is likely to appeal to families seeking a large, well-maintained home in a convenient and desirable location. The traditional architectural style of the property may also be a significant factor in its appeal to certain buyers.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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