Ben Rose says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located in Letchworth Place, Chorley, Lancashire. The list price is £165,995. It benefits from being close to several highly-rated schools and Chorley train station. The property appears to be in generally good condition, although some minor cosmetic improvements could enhance its appeal. The garden is relatively small but usable. Considering the average house price in the area is significantly higher (£515,185) and the average price per sqft is £553, compared to the subject property’s price of £165,995 and sqft of 1036.56, the list price appears to be relatively low. However, this must be considered in light of the smaller plot size and the need for some minor improvements. Several comparable terraced houses on the same street have sold for prices ranging from £115,000 to £150,000, suggesting that the list price is at the higher end of this range but still potentially represents good value. Nearby properties also show a range of prices and types, indicating some price variability in the immediate vicinity.

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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