Payne Associates New Homes and Land says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom detached house located in Broadwaters, Kidderminster, with a list price of £87,475. The property is 804 sqft and situated on a plot size of 0.00 sqft. The images show a modern, newly built property that appears to be in excellent condition, with a contemporary interior design. There is evidence of a garden visible from the rear of the property. The average house price in the area is £240,312, significantly higher than the list price of this property. However, the average house size is 1,028 sqft, considerably larger than the 804 sqft of the subject property. The average price per sqft in the area is £233, which, when applied to the subject property’s size, would suggest a value of approximately £187,000. This is more than double the list price. Nearby properties show a range of prices, with some significantly lower than the average. However, the lack of sqft data for these properties makes direct comparison difficult. The proximity to Kidderminster town centre and local amenities, along with good schools within a reasonable distance, suggests a desirable location. The lack of plot size information for the subject property makes it difficult to assess the land score accurately. Considering the condition, location, and apparent lack of land, the list price appears exceptionally low compared to the area average and even nearby property prices. However, the significant difference in size between the subject property and the area average needs to be taken into account. Further investigation into the reasons for the low list price would be beneficial.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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