Fulfords says ..

Property Oracle says ..

The property is a four-bedroom, two-bathroom house located in Honiton, Devon, with a list price of £475,000. The property has a total square footage of 1,273.23 sqft and sits on a plot of 1,537.00 sqft. The average price for properties in the area is £297,585, with an average price per square foot of £318. The property appears to be in good condition based on the provided photos. The interior is well-maintained and the kitchen and bathrooms look recently updated. The exterior is also in good condition, with a well-maintained garden and landscaping. The presence of a garden is a positive feature, adding to the overall appeal and value of the property. The location in Honiton, Devon, appears to be desirable. The proximity to schools, including Littletown Primary Academy and Honiton Community College (both rated ‘Good’ by Ofsted), is a significant advantage for families. The relatively short distance to Honiton train station (South Western Railway) provides convenient access to public transportation. Considering the property’s condition, location, and plot size, the list price of £475,000 appears to be at the higher end of the market for this area. While the property is larger than average (1,273.23 sqft compared to the area average of 934 sqft), and benefits from a good garden, the price per square foot is significantly higher than the average. Nearby comparable properties on Glanvill Way have sold for between £270,000 and £400,000, suggesting a potential overvaluation. However, the superior condition and larger plot size could justify a higher price than some of the comparable properties. A thorough market analysis of recent sales of similar properties in the immediate vicinity would be needed to confirm the price’s reasonableness.

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

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