Yopa says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located on Bakers Lane in Peterborough, Cambridgeshire. It is listed at £215,000 and has a floor area of 629.26 sqft. The property includes a small garden and a garage.

The location is reasonably convenient, with several primary schools within a kilometer radius, including Brewster Avenue Infant School and St Augustine’s Cofe (Voluntary Aided) Junior School, both rated ‘Good’ by Ofsted. Peterborough train station is also relatively close by, offering transport links. However, the immediate surrounding area appears to lack amenities. More information on local shops and other facilities would be needed for a complete assessment.

Based on the provided images, the property’s condition appears to be fair. While the structure seems sound, the interior decor and some fixtures appear dated and could benefit from some modernisation. The kitchen and bathroom show signs of wear and tear. A full survey would be needed to ascertain the condition of the property accurately.

The plot size is small, though the inclusion of a garden is a positive aspect. The size of the garden is not specified, but the images suggest it is relatively modest.

Considering the list price of £215,000, the average price for properties in the area is significantly higher at £308,038. However, the average property size is much larger at 1061 sqft. The average price per sqft in the area is £290. The price per sqft for this property is approximately £341.56 (£215,000 / 629.26 sqft), which is higher than the average. The lower price may be justified by the smaller size, the need for potential modernisation, and the smaller plot size. However, comparable properties on Bakers Lane have sold for significantly less, suggesting the asking price may be slightly optimistic.

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

Images