Philip Laney & Jolly says ..

Property Oracle says ..

The property is located in Perry Wood Close, Worcester, a suburb of the city. Based on the provided data, the area has a mix of property types and prices. While the average house price is considerably higher than the listed price of this property, there are nearby properties with similar prices, suggesting the location is not necessarily a premium one but still reasonable. The proximity to schools like Red Hill Cofe Primary School (rated ‘Good’ by Ofsted) and several others within a kilometer radius is a positive aspect for families. The presence of train stations within a reasonable distance adds to the convenience of the location.

The property itself appears to be a three-bedroom house in need of some modernisation. The interior photos show dated decor and carpets, suggesting a need for refurbishment. The kitchen and bathroom are functional but also appear dated. The overall condition is fair, but it would benefit from updating to enhance its appeal and value. The presence of a garden is a positive feature, although it appears to require some maintenance.

Considering the property’s condition, location, and the presence of a garden, the list price of £270,000 appears to be relatively reasonable compared to some nearby properties, especially given the average price per square foot in the area is £296. However, the property’s need for modernisation and the below-average price per sqft of the property compared to the average in the area should be taken into consideration. It is important to note that the lack of plot size information makes a full evaluation of land value difficult.

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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