Oliver Reilly says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom house with a total area of 1,700 sqft situated on a plot of 0 sqft. The list price is £350,000. The average house price in the area is £279,500, with an average size of 1,150 sqft and an average price per sqft of £243. This property is significantly larger than the average, at approximately 1.5 times the average size. The property appears to be in good condition based on the provided photographs. The interior is well-maintained, with recently updated kitchen and bathrooms. The exterior also appears to be in good condition. The garden is a decent size and includes a patio area, shed, and greenhouse. This suggests the property is well-maintained and has had some recent renovations. The location on Fairway, Newark is positive. The proximity to Newark town centre, amenities, and transport links is a significant advantage. Several nearby schools are within a reasonable distance, including Holy Trinity Catholic Voluntary Academy and The Sir Donald Bailey Academy, both rated as “Good” by Ofsted. Considering the property’s size (1,700 sqft), condition, and location, the asking price of £350,000 appears to be at the higher end of the market, but not unreasonable. The average price per sqft in the area is £243, but this property’s larger size and apparent good condition justify a higher price per sqft. However, other properties on Fairway have sold for lower prices, suggesting some price negotiation might be possible.

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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