Phillips, Smith & Dunn says ..

Property Oracle says ..

The property is a 5-bedroom, 3-bathroom terraced house with a total area of 1,165 sqft, listed at £425,000. The average house price in the area is £276,950, significantly lower than the list price of this property. The average price per sqft is £192, but this data point is not useful without the square footage of the comparable properties. The property benefits from being close to several schools, including Newport Community School Primary Academy (rated Outstanding) and The Lampard Community School (rated Good), both within a short distance. Barnstaple train station is also relatively close, providing convenient transport links. The images suggest the property is a period property, retaining many original features such as fireplaces and high ceilings. While some modernisation has been undertaken in the kitchen and bathrooms, the overall style appears to be traditional, blending modern conveniences with period charm. The property also includes a small, enclosed courtyard garden. Considering the above, the list price of £425,000 appears high relative to the average house price in the area. However, the property’s size (1165 sqft), number of bedrooms (5), and bathrooms (3), along with its period features and proximity to good schools and transport links, could justify a higher price than the average. A more detailed comparative market analysis, including the square footage of comparable properties, would be needed to definitively assess the value.

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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