Holmwood Drive, Formby, Liverpool, L37
CO

Holmwood Drive, Formby, Liverpool, L37

By Colette Gunter

£ 575,000

Reviews

3 out of 5 stars

Colette Gunter says ..

A superb opportunity to purchase this fully renovated detached residence offering versatile and spacious accommodation, ideally situated in this sought-after residential location which is convenient for numerous local amenities, including local primary and secondary schools, transport links, F...

Property Oracle says ..

The property is a 4-bedroom detached house located in Holmwood Drive, Formby, Liverpool. Formby is a desirable coastal town in Merseyside, known for its excellent schools and proximity to the beach. The property itself appears to be in good condition. The images show a recently modernised kitchen and bathrooms, with updated fixtures and fittings. The interior is presented well, suggesting that the property has been well-maintained. The garden is a good size, providing ample outdoor space. The list price of £575,000 is slightly higher than the average price of £514,765 for the area. However, considering the property’s size (889 sqft), good condition, and the desirable location, the price may be justifiable. The average price per sqft in the area is £294, but the lack of sqft data for nearby properties makes a precise comparison difficult. More data on comparable properties would allow for a more precise assessment of the price’s reasonableness. The property benefits from a garage and a good-sized garden, which are desirable features that could justify a higher price. The property’s proximity to good schools, such as Woodlands Primary School (rated ‘Good’ by Ofsted) and Formby High School, adds to its appeal and could support the higher list price. Furthermore, the relatively close proximity to Freshfield and Formby train stations provides convenient access to public transportation. In summary, while the list price is above average for the area, the property’s condition, features (including the garage and garden), and desirable location in Formby suggest that the price may reflect its overall value. Further analysis with more detailed comparative property data would allow for a more definitive conclusion.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
9
Land
7
Bedrooms
4
Bathrooms
1
Sqft (est)
889.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
971,667.00 £
Increased by 80.27 %
from 539,015.00 £
Est sale value
580,517.00 £
Increased by 79.89 %
from 322,707.00 £
Average area rental value
4,667.00 £/mo
Increased by 20.81 %
from 3,863.00 £/mo
Est letting value
2,667.00 £/mo
Increased by 50.00 %
from 1,778.00 £/mo
Est rental Yield
5.76 %
Decreased by 33.02 %
from 8.60 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Colette Gunter created the listing.

Nearby Schools

NameTypeOfstedDistance
Woodlands Primary SchoolCommunity SchoolGood0.60 KM
Formby High SchoolAcademy Converter0.94 KM
St Jerome'S Catholic Primary SchoolVoluntary Aided SchoolGood1.18 KM
St Luke'S Church Of England Primary SchoolVoluntary Controlled SchoolGood1.24 KM
Range High SchoolAcademy ConverterRequires improvement1.90 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Peter's Close £ 000.00 KM
Acorn Gardens £ 000.00 KM
The Copse £ 000.00 KM
Delph Lane £ 000.00 KM
Mere Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Freshfield2355FRE0.74 KM
Formby2354FBY1.06 KM
Hightown2356HTO4.55 KM
Ainsdale2350ANS5.88 KM
Hall Road2229HLR7.68 KM

Nearby Listings

AddressPriceTypeScoreDistance
Holmwood Drive, Formby, Liverpool, L37 £ 575,000BUY7 / 100.00 KM
Holmwood Drive, Formby, Liverpool, L37 £ 500,000BUY7 / 100.00 KM
Holmwood Drive, Formby, Liverpool £ 550,000BUY8 / 100.02 KM
St Peters Avenue, Formby, Liverpool, Merseyside, L37 £ 290,000BUYUnknown0.07 KM
Holmwood Drive, Formby, Liverpool £ 450,000BUY6 / 100.15 KM

Nearby Properties

AddressPriceDistance
28 St Peters Avenue £ 250,0000.06 KM
43 St Peters Avenue £ 292,0000.06 KM
26 St Peters Avenue £ 330,0000.06 KM
41 St Peters Avenue £ 282,0000.06 KM
45 St Peters Avenue £ 204,0000.06 KM