Leaders Sales says ..

Property Oracle says ..

The property is a 4-bedroom, 1-bathroom terraced house located on Webb Street in Ipswich, Suffolk. It has a floor area of 961.22 sqft and is listed at £240,000. The average property price in the area is £402,872, with an average price per sqft of £391. Nearby properties are selling for significantly less, ranging from £100,000 to £170,000. The property appears to be in reasonable condition, though some updating or cosmetic work may be needed. The kitchen and bathroom appear functional but dated. The property benefits from a small yard/patio area. The location is close to several schools, with varying Ofsted ratings, and is within walking distance of Ipswich train station. This makes the location convenient for commuters and families. Given the lower than average price per sqft compared to the area average (£391 vs. an area average of £391), the list price of £240,000 appears reasonable, especially considering the smaller plot size and the need for some potential improvements. However, the significantly lower prices of comparable properties in the area suggest that the property may be overpriced. Further investigation into the specific condition of the property and any potential issues would be beneficial.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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