Crofts Estate Agents says ..

Property Oracle says ..

The property is located in Immingham, North East Lincolnshire, and is a 3-bedroom, 1-bathroom house with a list price of £195,000. The property has a plot size of 753 sqft and is 677.43 sqft in size.

The average house price in the area is £352,919, significantly higher than the list price of this property. The average price per sqft is £316.00, while this property is listed at a much lower price per sqft. However, it’s important to note that the average sqft for the area is 1,116, considerably larger than this property. This suggests that the lower price may reflect the smaller size of the house.

The property appears to be in need of some modernisation. The images show dated wallpaper, carpets and kitchen units. While the structure seems sound, potential buyers should budget for renovations and updating to bring the property up to modern standards. The property also benefits from a garden and a garage.

Several nearby properties on Sonja Crest have sold for prices ranging from £92,000 to £115,000. These properties are similar in style and size, indicating that the list price of £195,000 may be at the higher end of the market value for this specific location and property type. However, the proximity to schools rated ‘Good’ or ‘Outstanding’ by Ofsted, and relatively close access to train stations, could justify a higher price compared to the previously sold properties.

Based on the provided information, the property’s location is reasonably good, given its proximity to schools and transportation. The condition of the property is fair, requiring some modernisation. The land is adequate, including a garden and garage. The price, while higher than comparable recent sales on the same street, may be justifiable considering the location and the potential for added value through renovations.

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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